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Tax fight looms | Preston Citizen

Tax fight looms

December 6, 2012
By

By ROBERT S. MERRILL 

Assistant editor

A taxation fight is looming in the Idaho Legislature next month which could impact the amount of taxes local residents have to dig out of their own pockets.

All equipment and hardware that industry and business uses across Idaho generates revenue for counties, including Franklin, through a tax on personal property. Business lobbies in the state call it a hated tax. Heavily industrialized counties like Caribou and Power use the monies generated by it to fund many services and call it “a lifeblood.”

One of the main topics of the coming legislative session will be an effort to repeal this and if that happens Franklin County Assessor Jase Cundick said it will negatively impact the amount of funding all taxing entities in the county receive.

This story is sponsored by FCMC Home Health.

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