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EDITORIAL: House works a fair deal on personal property tax.(Editorial)
From:
Times-News (Twin Falls, Idaho)
| Date:
March 11, 2007
| COPYRIGHT 2007 The Times-News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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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...