Rebecca Schroeder

Rebecca Schroeder

BOISE — Reclaim Idaho, the group behind the successful Medicaid expansion initiative, has filed a new initiative, dubbed “Invest in Idaho,” to raise income tax rates on corporations and the wealthy by 3 percentage points to generate $170 million a year for public schools.

It’s the exact opposite of what Idaho lawmakers have been doing in recent years; they’ve been gradually lowering both the individual and corporate income tax rates, saying the moves provide tax relief and make Idaho more competitive.

Betsy Z. Russell is the Boise bureau chief and state capitol reporter for the Idaho Press and Adams Publishing Group. Follow her on Twitter at @BetsyZRussell.

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