House Bill 40 would trim Idaho's income tax rate from 5.695% to 5.3%. Canada retaliates after Trump confirms 25pc tariffs ...

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Idaho senators signed off on a $253 million income tax cut Tuesday in the face of falling state tax collections.

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The Idaho Senate, in a 27-8 vote, passed a bill on Tuesday to cut Idaho’s income tax rate, reducing state revenue by $253 million.  House Bill 40, sponsored by Sen. Doug Ricks, R-Rexburg, would do ...