A refundable Idaho earned income tax credit (EITC) would reward work and help Idaho avoid taxing people of modest means into poverty. Families typically qualify for an EITC for short periods of time (usually 1-2 years). A state EITC, funded by the rapidly growing Idaho Tax Relief Fund, would be a targeted tool that returns the benefits of Idaho’s economic recovery to everyday people.
Read the full report here: Targeted Tax Credit: an EITC Would Support Idaho’s Working Families
House Bill 40 Further Cuts the Income Tax, Disproportionately Benefiting Wealthy Idahoans
- Every year, Idaho spends millions of tax dollars to make sure families receive a good education, live in safe homes and communities, and enjoy