Idaho’s tax burden continues to rank low among states.
The Idaho State Tax Commission has published the latest tax burden study, which compares Idaho’s state and local taxes with those of other states and the District of Columbia.
The study based on data from fiscal year 2015, the latest year for which U.S. Census Bureau figures are available ranks Idaho 37th in overall state and local tax burden nationally when measured by the percentage of income that goes to pay taxes. It ranks 48th when comparing taxes paid per person, with a ranking of 51 being the lowest tax burden.
Idaho also has the second lowest tax burden among 11 western states when measured by the percentage of income that goes to pay for taxes. Idaho’s individual income tax burden remains slightly below long-term patterns, at 1.4 percent below the national average in 2015. Although historically still low, the relative burden of this tax is the highest since 2011.
In terms of corporate income tax burden, Idaho was 6.9 percent below the U.S. average.
The Gem State’s sales tax burden increased slightly to 2.4 percent below the norm, while Idaho’s property tax burden remained very low at 19.8 percent below the U.S. average. (Idaho Tax Commission)
