Republished, with permission, from the Idaho Freedom Foundation Three tax-cut bills — four, if you include an education tax credit bill — are before the Idaho Legislature. And yes, they are all affordable. A Little History Over the past five years, ongoing and one-time tax cuts have reduced the tax take by $4.6 billion, of […]
When I decided to write my two articles about taxes and local government I wondered if there would be any interest in the subject. I have received more e-mails and comments personally and on the phone from more people—including local legislators and politicians, than I have for any of my previous articles. It seems Idaho […]
This article is courtesy of the Idaho Freedom Foundation One of the favorite phrases of conservative budget hawks in the Idaho Legislature is “starve the beast.” What they mean is that if you want to control or even reverse outrageous government growth, then you need to stop appropriating (spending) so much money. Government agencies will […]
When I decided to write my two articles about taxes and local government I wondered if there would be any interest in the subject. I have received more e-mails and comments personally and on the phone from more people—including local legislators and politicians, than I have for any of my previous articles. It seems Idaho […]
WASHINGTON, D.C. — Today, U.S. Congressman Russ Fulcher introduced the Keep Every Extra Penny (KEEP) Act to address the ongoing labor shortage by eliminating income taxes on overtime pay. This legislation, which has never been attempted at the federal level, comes as inflation remains above the Federal Reserve’s target rate for the 38th consecutive month. […]
Greetings Idaho State legislators: cc: Governor Little and Lt. Governor Bedke: Some items to consider: TAXES: The Idaho Tax Commission is canceling the Circuit Breaker Program for many seniors on fixed incomes because the inflated property values has disqualified them. A friend with a home that has been paid for years lost her Circuit Breaker […]
So once again Governor Little and his puppet masters at IACI have screwed the taxpayers of Idaho. As I had said a couple of weeks ago, this was a done deal lame-duck session of the legislature and there was no changing it. If the citizens of our state don’t realize after this special session that […]
Senator Phil Graham is the Former Chairman of the US Senate Banking Committee. Prior to going into politics he was an economics professor at Texas A&M. I follow his writings in various news outlets including the Wall Street Journal. Yesterday he wrote about the story that broke last week in ProPublica about billionaires in our […]
Two common cries often heard in liberal progressive quarters are that capitalism produces inequalities and inequities and the corollary argument that income inequality has been growing over the past 30 years because of capitalistic policies. Many years ago University of Chicago economist Casey Mulligan began addressing these issues by pointing out that we should not […]
Crapo, Risch Introduce “State Fiscal Flexibility Act” Bill would prevent federal government from banning state tax cuts WASHINGTON, D.C. – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the Senate Finance Committee, and U.S. Senator Jim Risch (R-Idaho) have introduced the “State Fiscal Flexibility Act,” a bill to eliminate a provision in the American Rescue […]
Dateline: BOISE, IDAHO, February 2021 — When you hit the neighborhood grocery store to do your weekly shopping trip for eggs, milk, bread, fruits and other staples, you pay the cost of the groceries plus an additional 6% in state sales tax which goes into the state general fund. The grocery tax brings in about […]
Idahoans have been wondering why, after all the promises by our governor and legislators to repeal the grocery tax, all such attempts have been stopped in committee. We did a little digging and found someone we consider a credible source who told us that allegedly Albertsons, AARP and Idaho legislative representatives from the Pocatello and […]