GOP Tax ‘Cut’ Hits Middle Class
OK, let’s try this again: Associated Taxpayers of Idaho has released an analysis of HB 311, the sweeping tax bill that passed the House today, and how it affects average Idaho taxpayers. Taking into account the changes in sales, income and gas taxes, ATI found that a single filer making Idaho’s average income of $36,832 a year would see a $95 tax cut. (An earlier version of this post had this backwards, as an increase.) A single filer who makes Idaho’s median income of $27,932 would see an increase of $35. Meanwhile, an average two-income family of three, who make $73,464 a year in household income, would see a tax cut of $31. A two-income family of three making Idaho’s median income of $55,949 would see a $228 tax hike/Betsy Russell, Eye on Boise. More here.
Question: Not a single Kootenai County representative voted against the tax increase for the middle class. Thoughts?