Tax Reform
It is the objective of this committee to promote “principles of sound tax policy” for both the United States and the State of Idaho by supporting the recommendations of the Tax Foundation as follows:
1. Simplicity: The tax system should be as simple as possible, and taxes should be easy to understand and comply with.
2. Transparency: Taxes should be as visible as possible to taxpayers, and should make clear who and what is being taxed.
3. Stability: Tax law should not change continually, and changes in tax law should not be retroactive.
4. Neutrality: Taxes should aim to raise revenue with a minimum of economic distortion, and should not attempt to...
1. Simplicity: The tax system should be as simple as possible, and taxes should be easy to understand and comply with.
2. Transparency: Taxes should be as visible as possible to taxpayers, and should make clear who and what is being taxed.
3. Stability: Tax law should not change continually, and changes in tax law should not be retroactive.
4. Neutrality: Taxes should aim to raise revenue with a minimum of economic distortion, and should not attempt to...