“Sen. Hill: End Idaho Personal Property Tax”
Sen. Hill has previously said that if the state is going to lower taxes on business, lawmakers should consider getting rid of some existing tax credits to make up for lost revenue.
- Source: Idahostatesman
Hill advocates having the state replace revenue collected by local governments estimated at between $133 million and $143 million and phasing in repeal over six years.
“It sends a message to businesses that are looking at locating here or are already here that we do have a commitment to eliminate personal property tax,” said Hill, R-Rexburg.
Read more at: voices.idahostatesman.com