Proponents of an Idaho ballot initiative to increase education spending by raising taxes on corporations and the rich say they have gathered more than 4,000 signatures, which is more than 7 percent of what they need statewide to qualify for the ballot.
Reclaim Idaho volunteers collected about 3,500 of those signatures on Tuesday, part of an Election Day push to approach registered voters near polling places throughout the state, specifically in rural districts.
The proposed initiative would raise the corporate tax rate from 6.9 percent to 8 percent, and would bump individual income taxes from 6.9 percent to 9 percent on a single person’s income over $250,000 a year or a couple making more than about $525,000.
Supporters say it could generate some $200 million a year for a special Quality Education Fund. Schools could then use that money for a list of specified purposes, including teacher pay, school supplies and textbooks, all-day kindergarten, career technical education programs, special education, and funding art, music and drama programs.
In addition to gathering 55,000 signatures statewide, or 6 percent of the number of registered voters the state had during the last gubernatorial election, a ballot initiative to qualify also needs the signatures of 6 percent of registered voters at the last general election in 18 of the state’s 35 legislative districts.
Reclaim Idaho has until April 30th to gather the signatures needed to qualify for the November 2020 ballot. (Post Register)