Gov. Little signs bill providing $600M in tax cuts
BOISE, Idaho, — Idaho Governor Brad Little signed the “Leading Idaho” income tax relief bill, which plans to provide $601 million in tax cuts.
Little signed House Bill 436 on Friday, confirming $350 million in one-time tax rebates this spring and $251 million of tax relief starting in July.
“The cooperation that exists between my office and my partners in the Legislature is very important to me, and it is part of the reason we are here today,” Little said. “I appreciate the Idaho Legislature for making tax relief a priority.”
The bill is part of Little’s “Leading Idaho Plan” which aims to make investments in education, transportation, water, and broadband. However, the bill received no Democratic support, with many believing the bill will only benefit the rich. Idaho Democrats say most of these tax cuts are taking funds from other government services, like education.
Little says his priority is getting money back in the pockets of Idahoans in light of rising inflation and federal debt.
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