Tax revenues to the state government are down in Idaho. Leaving less money for schools and other social programs.
Who pays taxes anyway? People who work pay taxes. Specifically people who work in the private sector and produce things pay taxes. True, government workers pay taxes; but, they are paying taxes on money that was first collected from the private sector worker.
The way to get the economy going is to stimulate the private sector; especially, mining, logging, agriculture, manufacturing, and energy production. All other private sector economic activity services these 5 industries. Limit these 5 industries and the economy cannot recover.
What is stopping these 5 industries from thriving and growing? Environmental regulations that keep them from using natural resources and high taxes. The way to stabilize the tax base is to reform environmental regulations. How? Next time, I'll give a few ideas.
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