Idaho could eliminate property tax
Can’t solve our property tax problem? Then remove the property tax. State Rep. Dorothy Moon joined me on Magic Valley this morning just 12 hours after a group of her colleagues pitched the idea. Although I think it’s a long shot, other taxes could be increased or created to compensate for the loss. The national tax fairness proposal is similar. It eliminates any federal confiscation of your income and replaces it with a national sales tax. If you are not currently paying your income tax, you can go to jail. With a sales tax, you choose when and what you buy.
The elderly would finally take a break
The elimination of property taxes gives seniors some respite. We have heard horror stories of elderly people in Idaho who have been forced from the homes they have lived in for decades or their entire lives. House Majority Leader Mike Moyle told me last year that the mother of a childhood friend was in danger of losing her home.
The elimination of property taxes should stimulate home buying and possibly encourage construction, which could then lower prices.
It won’t happen overnight
Moon explained that the idea is at the thinking stage and deserves some research before serious action is taken. The state sales tax appears to be a mechanism that could be increased to cover losses if there is no property tax.
Moon is in favor of removing the sales tax on groceries. Gov. Brad Little said he would sign a food tax bill if it made it to his office.
You can hear our chat with Dorothy Moon by clicking on the YouTube video below. The deceived Hummer is his parade car!
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