The Idaho Center for Fiscal Policy discussed Idaho tax policy with Kurtis Lee, a reporter with the New York Times.
“Last year, the state approached two million residents, a swell attributed largely to people moving from California and looking for overall cheaper costs of living. Only Florida grew faster.
At the same time, property taxes have increased 20 percent since 2018, according to a report from the Idaho Center for Fiscal Policy, a nonpartisan group. And the state’s budget — currently showing a surplus — is expected to come under strain, the group noted, citing legislation that cut income taxes by roughly $500 million over three years even as population growth put new demands on health care, education and transportation.”
You can read the full article at: https://www.nytimes.com/2023/06/15/business/economy/oregon-idaho-marijuana.html
You can read our full report at: https://idahofiscal.org/understanding-2023-property-tax-relief/