The tax cuts proposed in HB 436 would benefit wealthy Idahoans the most, as the chart below illustrates. The bill would also collapse the state’s five tax brackets to four, and would lower the income tax rate on the wealthiest tax bracket from 6.5% to 6%.
Understanding the School Facilities and Tax Relief Bill of 2024
- Idahoans care about the quality of their children’s education, and the quality of the school facility where their children receive their education. However, Idaho