EDITORIAL: House works a fair deal on personal property tax.(Editorial)

From: Times-News (Twin Falls, Idaho) | Date: March 11, 2007 | Copyright information

Mar. 11--State lawmakers are taking aim at one of Idaho's most arcane and problematic forms of public taxation -- the personal property tax on business. It doesn't come a day too soon for the cause of fair taxation.

House members laid the groundwork for immediate personal property tax relief, albeit on a limited and cautious scale. The House voted 40-27 on Friday, to give relieve businesses on the first $50,000 they are assessed in personal property tax. If passed by the...