Section 1 of The TAMMMY N Act creates a new classification of taxable income. Legislative salary and per diem are treated as a separate class of taxable income that is taxed at a rate of 10% through the 30th day of the Legislative session #Idleg#initiatives
On the 31st day of the legislative session the tax rate increases to 150% and on the 60th day of the legislative session the tax rate increases to 200% #Idleg#initiatives
The TAMMMY N Act will incentivize members of the legislature to focus on getting their job done quickly and to get out of town. #Idleg#initiatives
Section 2 of the TAMMMY N Act reduces legislative per diem on a dollar for dollar basis for any meals that legislators consume on 8th Street whether they pay for it or a lobbyist pays for it. #Idleg#initiatives
Why? Because I am tired of having to share Boise’s most vibrant restaurants with people who hate Boise. #Idleg#initiatives
Confiscatory? Yes
Heavy handed? Yes
Unnecessary? Yes
But has that ever stopped #idleg? No
The beauty though is that like the lottery it is a truly voluntary tax. You don’t have to pay it if you don’t want to. And we will be able to eat at Matador in peace.
And you all questioned the need for the TAMMMY N Act as an initiative? #idleg
A few more thoughts on HB389 after reviewing some additional budgets for taxing districts last night #idleg
There will be a fight on the 8% cap, is it a cap on budgets, is it a cap on property tax increases for budgets? Those are not the same and the cap is poorly drafted. #idleg
Let’s assume that it is only a cap of 8% on property tax increases for budgets. #idleg
So three of the most conservative anti government members of the #idleg House, Scott, Barbieri and Moon object to not getting their per diem while they are recessed? #GOPHypocrisy
Scott - “The rent down here is super high.” Why yes, yes it is. #idleg#gohome
And note the irony, that Rep. Scot wants taxpayers to pay her rent whole recesses because “I don't like to have to use my campaign finances just to be able to live down here” #ironyisdead#idleg#GOPHypocrisy
On a much more serious note about the #idleg, @ClarkWardleLaw is really concerned that the new tax bill that just passed the Idaho Senate will have a very deleterious impact on small taxing districts without significant tax bases.
#HB389 is a poorly developed grab back of random tax measures.
All taxing districts are now subject to a hard cap under HB389 on annual increases in their budgets of 8%. The proponents say that cities and counties and school districts need to live with in their budgets.
@KristinWardle my time is being wasted with this Idaho Initiative Initiative, or the 3I. I disagree. Wasting time in defense of uselessness is no vice. #idleg#initiative
Think of it as the Initiating Initiative. It keeps people like Rep. Hanks or the former Rep from Lewiston who shall not be named from introducing poorly drafted legislation. #Idleg#initiatives
Which requires a vote by the people each year to determine what legislators are permitted to introduce bills. #Idleg#initiatives