{"id":6874,"date":"2012-04-30T12:00:23","date_gmt":"2012-04-30T18:00:23","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=6874"},"modified":"2012-12-03T11:33:04","modified_gmt":"2012-12-03T18:33:04","slug":"tax-credit-roundup-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/04\/30\/tax-credit-roundup-what-you-need-to-know\/","title":{"rendered":"Tax Credit Roundup: What You Need To Know"},"content":{"rendered":"<div id=\"attachment_6908\"  class=\"wp-caption module image right\" style=\"max-width: 300px;\"><a class=\"fancybox\" title=\"\" href=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/04\/2909449.jpg\" rel=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-6908\" title=\"People Dressed In Statue Of Liberty Costumes\" src=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2012\/04\/2909449-300x179.jpg\" alt=\"\" width=\"300\" height=\"179\" srcset=\"https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/04\/2909449-300x179.jpg 300w, https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/04\/2909449-620x371.jpg 620w, https:\/\/stateimpact.npr.org\/idaho\/files\/2012\/04\/2909449.jpg 1942w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p class=\"wp-media-credit\">Roberto Schmidt \/ AFP | Getty Images<\/p><p class=\"wp-caption-text\"> <\/p><\/div>\n<p>The effectiveness of tax credits and incentives is something <em>StateImpact Idaho<\/em> has been looking at since we launched back in September.\u00a0 We wanted to better understand how the state views tax incentives and what the return is on that (sometimes risky) investment.<\/p>\n<p>But in Idaho, there is very little public information available <del><\/del>when it comes to tax credits.\u00a0 That makes it tough to measure if a particular credit is doing what it was intended to do. <del><\/del><\/p>\n<p>First, here is some important background reading. <!--more--><\/p>\n<ul>\n<li><a title=\"Study: Idaho \u2018Trailing Behind\u2019 On Measuring Tax Incentive Effectiveness\" href=\"http:\/\/stateimpact.npr.org\/idaho\/study-idaho-trailing-behind-on-measuring-tax-incentive-effectiveness\/\" target=\"_blank\">Study: Idaho \u2018Trailing Behind\u2019 On Measuring Tax Incentive Effectiveness<\/a><\/li>\n<\/ul>\n<ul>\n<li><a title=\"Tax Credit Tradeoff Elusive To Measure\" href=\"http:\/\/stateimpact.npr.org\/idaho\/tax-credit-tradeoff-elusive-to-measure\/\" target=\"_blank\">Tax Credit Tradeoff Elusive To Measure<\/a><\/li>\n<li><a title=\"One Take on How Tax Incentives Work\" href=\"http:\/\/stateimpact.npr.org\/idaho\/one-take-on-how-tax-incentives-work\/\" target=\"_blank\">One Take on How Tax Incentives Work<\/a><\/li>\n<li><a title=\"Idaho\u2019s Investment Tax Credit Explained\" href=\"http:\/\/stateimpact.npr.org\/idaho\/idahos-investment-tax-credit-explained\/\" target=\"_blank\">Idaho\u2019s Investment Tax Credit Explained<\/a><\/li>\n<li><a title=\"Idaho\u2019s 5 Most Popular Business Tax Incentives\" href=\"http:\/\/stateimpact.npr.org\/idaho\/2011\/11\/03\/idahos-5-most-popular-business-tax-incentives\/\" target=\"_blank\">Idaho\u2019s 5 Most Popular Business Tax Incentives<\/a><\/li>\n<li><a title=\"Your Guide to Idaho\u2019s Tax Credits\" href=\"http:\/\/stateimpact.npr.org\/idaho\/topic\/tax-credtis\/\" target=\"_blank\">Your Guide to Idaho&#8217;s Tax Credits<\/a><\/li>\n<\/ul>\n<p>Tax credits, incentives and exemptions might not be the sexiest subject, but its estimated the state of Idaho will lose about $845 million* in revenue in 2012 through the various incentives and exemptions that are on the books.<\/p>\n<p>We really don&#8217;t know what that $845 million is getting the state because all of those incentives and exemptions aren&#8217;t public information.\u00a0 That raises questions about how open Idaho is.<strong><\/strong>\u00a0 So we want to know, what is transparent<em> enough<\/em>?\u00a0 Should the public have the right to see exactly where these incentives are going and who is benefiting?\u00a0 We&#8217;ll be exploring these questions all week. <strong><\/strong>Share your thoughts in the comments section below.<\/p>\n<p><em>*$845 million is the sum of all tax credits, specific use exemptions and specific goods not taxed over a twelve month period.\u00a0 Some of these are measured by the state using the calendar year, others by fiscal year.\u00a0 This calculation doesn&#8217;t include services or specific entities not taxed.\u00a0 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The effectiveness of tax credits and incentives is something StateImpact Idaho has been looking at since we launched back in September.\u00a0 We wanted to better understand how the state views tax incentives and what the return is on that (sometimes risky) investment. But in Idaho, there is very little public information available when it comes [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":6908,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[15],"tags":[102,42,163],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/6874"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/comments?post=6874"}],"version-history":[{"count":2,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/6874\/revisions"}],"predecessor-version":[{"id":13430,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/6874\/revisions\/13430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media\/6908"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media?parent=6874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/categories?post=6874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/tags?post=6874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}