Primary Elections are MAY 19
Questions? Please contact me at 208-521-7755
Fewer Taxes and Regulations
Statewide Budget Information
"Idaho's budget growth is the issue: In 2019, total spending was about $8.3 billion. By FY 2026, it reached roughly $14.1 billion—a 60% growth in six (6) years!
The Governor's budget shows ongoing spending commitments are higher than ongoing revenue. The gap is roughly $25 million in FY 2026, growing to about $100 million is FY 2027.
This isn't a revenue problem; it's a spending problem... and it's out of control!"
-Idaho Gang of Eight
Taxes
Perhaps the State of Idaho should look more carefully at states that have "won" by reducing taxes, focusing on fiscal restraint, and encouraging priority-based budgeting—not increasing taxes (Grocery Sales Tax).
“Since I became governor, we have run budget surpluses, reduced the state’s legacy debt by more than 50%, and enacted record tax relief, resulting in roughly $9.7 billion in total tax relief for Florida families." -Governor Ron DeSantis State of Florida
I contend that a reduction (not an increase) in taxes helps state budgets by stimulating economic growth and thus increasing revenue in the long run. I truly believe it is more expeditious—and more effective—to emulate a winner!
REGULATIONS
According to the Journal of Economic Growth, the accumulation of federal regulations has slowed U.S. economic growth appreciably per year. Additionally, The Heritage Foundation notes that reducing regulations can significantly boost GDP.
Thankfully, the State of Idaho ranked #1 of "least regulated" states in the Nation. Thus, I plan to continually support the State in its "red-tape reduction", "Zero-Based Regulation" system and support any regulatory activity that increases regulation barriers that stifle innovation and higher prices for consumers.