Democrats propose alternative tax plan to HB 436
BOISE, Idaho — A historic tax cut is rushing through the Idaho Legislature, part of Gov. Brad Little’s plans for a nearly $2 billion state budget surplus.
HB 436 already passed the House last week and is now heading to the Senate floor. Republican lawmakers overwhelmingly support the proposal, but Democrats say it doesn’t do enough to help the people of Idaho who need it most.
If enacted, the bill would be the largest tax cut in Idaho state history. It would provide $600 million in tax cuts and refunds — including $350 million in one-time refunds and about $251 million in ongoing tax relief — but Democratic lawmakers say it’s not the bill. that Idahoans need.
“Honestly, there are many ways to seek a tax cut of this magnitude, but there is almost no way to do it that would bring less money to the people who need it and to working families in the world. ‘Idaho that House Bill 436,” said House Minority Leader Rep. Ilana Rubel of Boise. “Once that $600 million is gone, and as we know it will benefit massively to the wealthiest and most profitable people in the state, once that happens we will have lost the opportunity to seek other, much more useful forms of tax relief.”
Part of their proposal, which you can see below, includes scrapping the food tax, saving consumers $196 million and $20 million in child credit while injecting more money in education funding and in local communities.
Rubel has repeatedly said — Democratic lawmakers have been shot over each of these proposals, but according to Sen. Janie Ward-Engelking of Boise, that’s what voters want.
“I received thousands of emails and not a single person asked for an income tax reduction. They asked for help with their property taxes and for something to be done with the grocery tax. That’s what really hits them every day,” Ward-Engelking said.
The bill is now out of committee and heading to the Senate floor for debate.