US EditionLittle highlights tax cuts, but braces for economic uncertainty
- Governor Brad Little highlighted $400 million in tax cuts passed during the 2025 Idaho legislative session ending April 4 in Nampa.
- In January, Governor Little suggested $100 million in tax reductions, but the Legislature ultimately approved tax cuts exceeding $400 million amid concerns about long-term revenue and economic instability.
- The session also included a $50 million refundable tax credit for private K-12 education, House Bill 93, which prioritizes disadvantaged students and requires compliance investigations as tax fraud.
- Little acknowledged the state can afford the tax cuts this year but worries about years two through four as economic growth slows, and he will address federal Medicaid and SNAP cuts during a Washington, D.C. Trip.
- Revenue forecasts have declined, with sales tax distributions notably lower, prompting caution from lawmakers who seek to maintain a $200 million rainy day fund to buffer future budget challenges.
12 Articles
12 Articles
The spokesman-Review
Idaho state revenues lag nearly $100 million behind Legislature’s projections
Through April, state revenues are $97.7 million below the Idaho Legislature’s forecast for the current 2025 fiscal year, according to a new monthly revenue report released by the Idaho Legislative Services Office.
Idaho Press
Little highlights tax cuts, but braces for economic uncertainty
NAMPA — Gov. Brad Little on Monday both touted the $400 million in tax cuts from the 2025 legislative session, and expressed some concern over their long-term effects on revenue. Major cuts eyed by Congress are also a major point…
Idaho Gov. Little says state can afford $400M in tax cuts as he recaps 2025 legislative session • Idaho Capital Sun
In a news conference in Nampa, Idaho Gov. Brad Little recapped the 2025 legislative session, touting $400 million in tax cuts. (Kyle Pfannenstiel/Idaho Capital Sun)NAMPA — Gov. Brad Little touted tax cuts and public school funding as key takeaways from this year’s legislative session. In a news conference on Monday in Nampa, Little reflected on the outcome of the 2025 session of the Idaho Legislature and ongoing federal cuts — by the executive b…
Cut Taxes on Made-in-America Products
As the late senator from Washington state, Warren Magnuson, who served for more than 30 years in Congress, once said, “All that each industry seeks is a fair advantage over its rivals.” Wilt Chamberlain had a fair advantage on the basketball court because he stood 7-foot-1. It allowed him to score 100 points in a single game. The Trump 2.0 tax bill now moving through Congress should establish a fair advantage for U.S. companies. Tariffs are, of …
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