Where we bring you fresh opinions on Idaho government, observations on life in general, great recipes, and an opportunity to comment on them all!

RSS Feeds, Etc.

Get New Posts Via Email! Enter your e-mail address and hit the 'Subscribe' button. Your address will never be sold or spammed.


Where we bring you fresh opinions on Idaho government, great recipes, and an opportunity to comment on them!.





Conservative News

General Interest

Idaho Falls Links

Idaho Politics

Left-Leaning Idaho

Libertarian Links

Pro-life Organizations

Jerry Sproul, CPA

Please take a moment to visit our sponsors!

The Tax Shift Part I

November 23rd, 2006 by Halli

In August of this year, the Idaho legislature convened a special session in which Governor Jim Risch prevailed in shifting a significant portion of property tax revenue (used to fund school operations and maintenance) to the sales tax. In so doing, the sales tax was raised from 5% to 6%.

As 2007 property tax bills go out to Idahoans across the state, the news is generally good! Combined with the legislature’s increase of the homeowner’s exemption from $50,000 to $75,000, the tax shift is giving meaningful relief. Instead of the large increases in property taxes seen nearly every year, most homeowners will actually see a decrease.

Many Idahoans are being taxed right out of the homes they have owned for years, as county assessors try to keep their appraisals abreast of skyrocketing market values. That is why most conservative legislators see the property tax as the least fair of the three taxes levied in the state.

Posted in Politics in General, Taxes | 2 Comments »

2 Responses

  1. » Blog Archive » The Tax Shift Part II Says:

    [...] There are, of course, arguments against the Idaho legislature’s shift of some school expenses from property tax to the sales tax. Democrats are aghast that the poor as well as the rich will be paying more in sales tax. Conservatives and Libertarians are pleased that everyone will be paying their share of school funding. [...]

  2. » Blog Archive » Own or Rent? You May Be Surprised! Says:

    [...] Expect more posts on Idaho taxation in the near future. [...]

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Copyright © 2oo6 by Powered by Wordpress          
Ported by ThemePorter - template by Design4 | Sponsored by Cheap Web Hosting