Sen. Hill: End Idaho personal property tax

Senate President Pro Tem Brent Hill predicted Thursday that the 2013 Legislature will repeal one aspect of the property tax long targeted by business groups.

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.

Hill spoke to a session of the Boise Metro Chamber of Commerce’s Leadership Boise program.

In June, Gov. Butch Otter said he supported repeal, but he hasn’t been specific about details. Personal property accounts for 9 percent of property tax statewide, but varies widely, from 7 percent in Ada County to 45 percent in Caribou.

For a complete account of Hill's proposal, and reaction from Garden City Mayor John Evans and Idaho Association of Commerce and Industry President Alex LaBeau, read Friday's Business section in the Idaho Statesman.

What are you trying to do

What are you trying to do Popkey? Have mass suicides of socialist lefties jumping off tall buildings and out windows reporting stories like this? I can hear em now. NO, NO SAY IT AIN'T SO! and crying like little girls. Careful there bro.

If you have 75 cents, go read it and tell me what they said.

Please.

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So state coffers will be

So state coffers will be reduced by 9% statewide. Thus there will be less money for the state budget unless the state recoups the loss tax income from another source. Guess where that is going to come from? Open your pocket book you are first in line.

For the GOP concerned about taxes, how about starting with those that pay the most in taxes instead of out of the household budgets of those who can least afford an increase in taxes.

So state coffers will be

So state coffers will be reduced by 9% statewide. Thus there will be less money for the state budget unless the state recoups the loss tax income from another source. Guess where that is going to come from? Open your pocket book you are first in line.

For the GOP concern about taxes, how about starting with those that pay the most in taxes instead of out of the household budgets of those who can least afford an increase in taxes.

What exactly does this relieve?

Nothing because state sales taxes will have to increase, the one tax that affects out of state buyers as well. Less sales tax is not good.

Take it from an Oregonian, you still have to scrabble up money SOMEWHERE.

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Another hit to the middle class

Hill and LaBeau are joining the folks out to screw the middle class in favor of big business. Raise taxes for police, fire, schools, etc on the middle class, farmers and small businesses so the big guys can live even higher on the hog. Interesting that folks like Micron want this tax break at the same time they are complaining that the schools need to spend more resources preparing workers for them. Government handouts for the big guys is o.k. just don't give food stamps to the poor!

voltaire

Most of the people hacked about the COUNTY personal property tax are MIDDLE Income business owners. You are wrong.

Making this move eliminates a HUGE hassle to small businesses - most of which are owned by middle income people. Huge businesses have tax departments to deal with this issue and it's no big deal.

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Check out how much Micron has donated to schools/universities in Idaho before you cry.

LOOK AT THE FLIP-SIDE

Yes. Lowering taxes will impact the amount of money going into the coffers. But they are talking about property tax on business. Less tax on business means that the business can use that money to expand and create more jobs. Less tax means new business moving to Idaho and set up shop. More workers in employment means more income tax coming into the state coffers.

Short term loss = long term gain.

I don't believe this urban myth for a minute.

The lie is decades old and apparently now firmly burned into the minds of our children.

You need REHAB.

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