Re: Idaho sales tax exemptions

["John Cronin" <jaycron@turbonet.com>]

I support Mr. Tom Trail's call for a moratorium on the personal income tax
cut of 2001. In line with Mr. Trail's call for accountability, I am curious
how all  our local legislators and we, the voters, justify the personal
income tax cut  of 2001?  What exactly was the economic benefit to the
state? To your family?  Are we better off now than we were before the tax
cut? 

John
--------
> From: WMSteed@aol.com
> To: thansen@moscow.com; london@moscow.com; vision2020@moscow.com
> Subject: Re: Idaho sales tax exemptions
> Date: Wednesday, July 31, 2002 6:43 PM
> 
> 
> In a message dated 7/31/02 1:16:40 PM, thansen@moscow.com writes:
> 
> << Idaho's sales tax exemptions and their annual cost >>
> 
> Not sure I would agree that an exemption of a tax is a cost.  It may be
lost 
> revenue but to me a cost is an expense or, rather, the expenditure of
funds.  
> I suspect when each exemption was originally created it was thought to, 
> possibly, create revenue through the support of the un-taxed activity.  A

> better question might be, is the value to the State still there in the 
> exemption.
> 
> Walter Steed