<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=utf-8"><meta name=Generator content="Microsoft Word 12 (filtered medium)"><style><!--
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</o:shapelayout></xml><![endif]--></head><body bgcolor=white lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='color:black'>Currently, the highest tax bracket it for taxable income above $20,000 at a rate of 7.8%. The next lower bracket is taxable income above $7,500 at 7.4%. Moyle’s bill eliminates the $20,000 bracket, so that the highest bracket is over $7,500 at 7.4%. That and the proposed corporate tax cut will eliminate $35,000,000 in much needed state revenue.<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'>Some response to the 99% protesters, huh?<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:black'>Shirley<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> vision2020-bounces@moscow.com [mailto:vision2020-bounces@moscow.com] <b>On Behalf Of </b>Tom Hansen<br><b>Sent:</b> Wednesday, February 29, 2012 6:37 AM<br><b>To:</b> Moscow Vision 2020<br><b>Subject:</b> [Vision2020] Otter Sponsors More Tax Cuts for Corporations and Top Income Bracket<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal>Esto perpetua, V-Peeps.<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>Courtesy of today's (February 29, 2012) Spokesman-Review.<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>------------------------------<o:p></o:p></p></div><h1 style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span style='font-size:21.0pt;font-family:"Arial","sans-serif";color:#111111'>Tax cut for top earners clears panel<o:p></o:p></span></h1><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:15.75pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span style='font-size:10.5pt;font-family:"Arial","sans-serif"'>BOISE – A $35.7 million income tax cut for Idaho corporations and top individual earners cleared the House tax committee Tuesday and headed for the full House with 40 of the 70 House members co-sponsoring it.<o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:15.75pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span style='font-size:10.5pt;font-family:"Arial","sans-serif"'>The measure, HB 563, is co-sponsored by Gov. Butch Otter; it would lower Idaho’s top individual income tax rate from 7.8 percent to 7.4 percent and lower the corporate tax rate from 7.6 percent to 7.4 percent. About 17 percent of Idaho income taxpayers would benefit.<o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:15.75pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span style='font-size:10.5pt;font-family:"Arial","sans-serif"'>Rep. John Rusche, D-Lewiston, one of just four opponents in the House committee, said, “I don’t think it’s responsible to cut taxes when we can’t meet the current needs.” Also voting no was the committee’s chairman, Rep. Dennis Lake, R-Blackfoot.<o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:15.75pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span style='font-size:10.5pt;font-family:"Arial","sans-serif"'>House Majority Leader Mike Moyle, R-Star, the bill’s lead sponsor, said, “It’s probably the best economic development bill we’ve seen all year.”<o:p></o:p></span></p><p style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:15.75pt;margin-left:0in;vertical-align:baseline;border-style:initial;border-color:initial;outline-width: 0px;outline-style: initial;outline-color: initial;background-image:initial;background-attachment:initial;background-origin: initial;background-clip: initial;background-position:initial initial;background-repeat:initial initial'><span class=apple-style-span><span style='font-size:13.0pt;font-family:"Helvetica","sans-serif"'>---------------</span></span><span style='font-size:10.5pt;font-family:"Arial","sans-serif"'><o:p></o:p></span></p><div><p class=MsoNormal>Idaho House Bill 563<o:p></o:p></p></div><p class=MsoNormal><a href="http://www.legislature.idaho.gov/legislation/2012/H0563.pdf">http://www.legislature.idaho.gov/legislation/2012/H0563.pdf</a><o:p></o:p></p></div><div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal style='margin-bottom:12.0pt'>------------------------------<o:p></o:p></p><div><p class=MsoNormal>Seeya later, Moscow.<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>Tom Hansen<o:p></o:p></p></div><div><p class=MsoNormal>Coeur d'Alene, Idaho<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>"If not us, who?<o:p></o:p></p></div><div><p class=MsoNormal>If not now, when?"<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal>- Unknown<o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div></div></div></div></body></html>