Tax Cuts

A new analysis of state tax revenues shows that many states are ahead of projections made before COVID-19 rocked the economy. And some Mountain West states are the nation’s leading performers, while others are struggling to rebound.

State senators passed the largest income tax cut in Idaho history Tuesday, which would move the state closer to a flat tax system.

Republican lawmakers in an Idaho Senate committee overwhelmingly supported a massive income tax cut and rebate plan Thursday, leaving one legislative hoop to jump through.

House Republicans overwhelmingly supported the largest tax cut in Idaho’s history Thursday less than two weeks into the 2022 legislative session.

Idaho taxpayers will get a boost to their bank accounts later this year as state officials create a new rebate program authorized by the legislature.

A proposed $389.4 million tax cut and rebate plan is heading out of committee to the full Idaho Senate for amendments. The ambitious tax cut plan would…

Idaho House Republicans passed a massive income tax cut Wednesday despite worries that it could put $1.8 billion of federal COVID relief money in…

The Idaho Tax Commission is sending out a new form to help residents recalculate their tax withholdings. The move comes after a tax makeover by state…

A bill to increase Idaho’s new child tax credit was introduced in the legislature Friday.Lawmakers passed a $200 million dollar tax cut plan this session…

Despite a handful competing tax bills, Gov. Butch Otter will get his $200 million tax cut proposal after all following a two-hour debate by Idaho…