A few days before the legislative session started, House Speaker Scott Bedke of Oakley, talked to reporters about Idaho’s 50th rank in family wages:
It doesn’t feel to me like, as an Idaho citizen, that that is the case,” said Bedke. He shook his head, perplexed.”It doesn’t feel like that to me here. … It doesn’t feel like we are in the 50th position here.
Just this week, Speaker Bedke proposed taking away Idaho’s grocery tax credit—that’s $80 million—to give to the rich and well-connected. He says it is to attract business—even though that exact strategy has failed Idahoan’s again and again.
According to the Associated Press:
Idaho’s former chief economist says families of four earning more than $117,750 would see lower taxes, should lawmakers adopt House Speaker Scott Bedke’s proposal to shift money from a grocery tax credit to individual and corporate income tax cuts. Mike Ferguson, chief economist for six governors including Gov. C.L. “Butch” Otter, said Thursday families earning less would likely see a higher tax burden, according to his calculations.
For instance, Ferguson said somebody earning $50,000 would see their tax liability increased $305, based on his analysis of Bedke’s proposal, which Otter says he’d at least consider. Bedke’s plan would leave the grocery credit intact for families earning 138 percent of the federal poverty line, or $32,499. Ferguson now heads the Idaho Center for Fiscal Policy, which analyzes budget and tax policy.
Bedke would do well to get out of his wealthy Republican bubble and talk to some actual “Idaho Citizens”.