Tax-cuts-for-Rich-meme

Do wealthy Idahoans have a lower tax burden than poor Idahoans? The answer is yes, according to the Institute on Taxation and Economic Policy. You can see the report here. It shows wealthy families have a state tax burden that is a third lower than poor families.

This type of regressive tax scheme looks like something we should fix.

Unfortunately, a recent proposal from Gov. Otter to reduce the top personal income rate from 7.4% to 6.9% would only make matters worse.

Not only would it cut $77 million from state revenues (good luck restoring education funding), but it would also put an even greater burden on the people who can least afford it.

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