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Tax relief

Economists bash Idaho tax relief plan

Last updated Wednesday, January 18, 2012 - 11:28am

BOISE, Idaho -- Two Idaho economists painted an unflattering picture of tax relief Tuesday, prompting outcries from lawmakers who see it as an opportunity to spur job growth.

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Idaho hesitates on tax relief

William L. Spence Lewiston Tribune

Last updated Tuesday, January 17, 2012 - 11:14am

BOISE, Idaho -- A coming revenue forecast could affect how much money gets set aside for tax relief this session, but looming federal budget cuts may play a role as well.

Gov. C.L. (Butch) Otter allocated $45 million for general tax relief in his fiscal 2013 budget proposal. He also recommended $60 million for savings and $41 million for employee raises, based on a 5.8 percent, $148 million increase in revenue next year.

Idaho, State Legislature, Tax relief, Taxes, National Read more Comments