Idaho
Chinese Criminals Play a Role in Idaho Home Prices
Are you struggling with Idaho housing costs? China plays a role in driving prices up. Twin Falls County Republican Party Chairman Tom Wangeman says you can draw a direct line. He recently read a story in a European publication about how China is involved in money laundering. The Chinese sell a lot of chemicals used in the production of illegal drugs. The money they receive is then converted into dollars, which is then invested in coastal real estate in the United States.
It’s a Twisting Road to Idaho
Coastal prices are then inflated, sellers take the money from the investors, and then come to places like Idaho, and drive up the cost of housing here, because it appears to them a bargain.
While there’s a smorgasbord of causes for the runaway cost of housing, this is one that our government has some direct control over. Which is why the Trump Administration is attacking drug boats. You may not stop all of them, but if you deter some shipments, it could be a deterrent, and cut business, and cut the benefit for China. The approach would be easier than confronting China in an all-out war! Don’t expect overnight results. We still need more homes. There’s a shortage. The law of supply and demand would follow in lessening costs, which have eased somewhat nationally.
Local Leaders have Options
Trump’s housing secretary was on my radio show a few months ago, and he explained we still need to cut red tape, including at the state and local levels. He shared that same message later that day with some of our local politicians. They told me, and they said he was very direct. I like that approach.
Cities with the fastest-growing home prices in Idaho
Gallery Credit: Stacker
Idaho
Idaho attorneys rebuff DOJ threat to prosecute Secretary of State in voter roll dispute
BOISE, Idaho (CBS2) — A simmering dispute between Idaho’s top elections official and the U.S. Department of Justice escalated this month after federal officials warned Secretary of State Phil McGrane about possible prosecution tied to non-citizens voting in Idaho.
The Justice Department sent a letter earlier this month threatening McGrane with prosecution. The warning came amid a broader conflict between the Trump administration and McGrane, whom the administration has sued over his refusal to provide unredacted voter rolls to the federal government.
Idaho’s chief of civil litigation, James Craig, responded on July 10. In a letter first reported by the Idaho Statesman, Craig pushed back on the federal warning, writing, “Insinuations of criminal violations of the federal election laws are not well taken,” and asking the department to “stop threatening your friends in Idaho.”
Craig also requested that the lawsuit against McGrane be dismissed and criticized the Justice Department for sending its letter directly to McGrane rather than to the Idaho attorney general’s office.
The attorney general’s office said the state has already referred 15 cases of possible non-citizen election violations to the Justice Department but is not aware of any of them being prosecuted. Craig’s letter ends by asking the department to do so.
Idaho
Idaho Property Taxes are Here to Stay
The Idaho Legislature won’t eliminate property tax next year. My bold prediction. There will be a few bills introduced, a lot of chatter on talk radio and online, and then action will be kicked down the road. If it looks like a winner in the 2028 Election, it’ll sail through in session a few weeks before the 2028 Primary. Wet an index finger and raise it in the air. Then vote.
As an old Libertarian (with a capital L), I’m familiar with the basic argument. If you own it, why do you have to pay rent? The answer always comes back to, “It’s the best system we have to fund local governments”. Forms have been in place since colonial times, even if scattered geographically. The idea gained steam in the years after the Civil War when a handful of economists blamed property ownership for growing poverty in cities. Property accrued value as space became a premium. So-called reformers believed the tax would balance economic inequality, and appealed to noblesse oblige.
Your Taxes Get Sprinkled Like a Good Rain
I live in Twin Falls County, where we have 78 taxing districts that rely on the current system. If you ask what can replace it, you’re called a Republican in name only (RINO) by compatriots. Obviously, not everything funded by the tax is a waste. First responders and snow plows come to mind. It makes me think of the calls to gut the federal government, but while maintaining Social Security and Medicare. The former makes up nearly a quarter of the budget. Medicare is only 14 percent, but additional health spending brings the tab to another quarter. Historian Niall Ferguson grew up in Scotland, and he summed up Great Britain a couple of weeks ago. People want more, not less, welfare spending. Are we different?
Before anyone in Boise wipes out property tax, legislators need to consider what voters want to stay, and how to fund it otherwise. If they don’t, they’ll see a backlash at the ballot box. Just because I say I want taxes reduced, I didn’t mean the programs that benefit me! The answer won’t be available over 90 days next year.
More than 20 years ago I hosted a weeklong series on tax alternatives. Among the proposals we examined were Flat Tax, Fair Tax, and Automated Payments Tax. People are most familiar with the first. Everyone pays a flat percentage. Say 12 to 15 percent. Of income, I guess. Of course, we need to define income. Professor Gad Saad is leaving Canada for a job in the United States and has to pay an exit tax based on his estimated assets. Estimated is the dirty word! That’s left to bureaucrats.
This Requires Study and Gaming Outcomes
Go ahead and adopt the flat tax, and please the conservatives, however. Many people, even on the right, have paid very little when it comes to present income confiscation. See how they react when they get a wake-up call. The Fair Tax is a national sales tax of 23 percent. Or it was the percentage proposed 20 years ago. That sounds large, but when you consider your overall tax burden right now, if it replaced what currently exists, you would be better off. This isn’t to say that local governments wouldn’t institute their own taxes. If you live in a blue state or city, that’s a given. Proponents argue that citizens have the option of not paying taxes if they choose not to buy. Obviously, you need to buy some things, unless you’re destitute and living exclusively on handouts.
Automated Payments Tax (APT) is a 1 percent charge on every transaction. A company buys steel to build trucks; it pays 1 percent on the steel. And on every other purchase. The dealer buys the truck for his lot and pays one percent. You buy from the dealer and pay one percent. An economist at the University of Indiana told me it would cover the federal budget. We had that conversation in 2005, when the national debt wasn’t even a quarter of what we see today. None of these plans address the debt, but if state and local governments are creative, maybe we can find something that replaces property taxes.
What we’ll get is a commission from the politically connected who’ll meet once a month for bagels and orange juice. In three years, they’ll provide a solution that works best for them.
Highest Gas Taxes By State in the U.S.
Here are the top 10 states for gas taxes.
Idaho
Idaho leaders mourn the sudden passing of Senator Lindsey Graham
BOISE, Idaho (CBS2) — U.S. Sen. Mike Crapo and U.S. Sen. Jim Risch issued statements mourning the sudden passing of U.S. Sen. Lindsey Graham of South Carolina, remembering him as a friend, colleague and influential conservative lawmaker.
“For most of my public service in Congress, I had the privilege of calling Lindsey Graham not only a colleague in both the House and Senate, but a loyal and generous friend,” Crapo said. “He was a formidable public servant who held the line on issues important to him and South Carolinians with unwavering courage.”
Crapo highlighted Graham’s military service and foreign policy work, saying, “As an Air Force veteran and foreign policy hawk, he traveled the world demonstrating America’s strength and resolve. To our nation’s allies, he was a friend. To our adversaries, he was unflinching.”
Crapo also pointed to Graham’s work in the Senate, including his leadership on budget issues and his role on the Senate Judiciary Committee. “Lindsey was a staunch conservative, and he shepherded the Senate Budget Committee through the critical steps of the budget reconciliation process,” Crapo said. “His work put more money in Americans’ pockets and kept our homeland safe. On the Senate Judiciary Committee, he safeguarded the federal judiciary and conducted much-needed oversight.”
“Senator Graham enriched the lives of those of us who knew him,” Crapo said. “He will be deeply missed, and I offer my sincere condolences to his family, staff and other loved ones during this difficult time.”
Risch and his wife, Vicki, also expressed condolences, calling Graham “a dear friend and colleague whose warmth, humor, and unwavering dedication to public service will be deeply missed.”
“He loved America deeply and devoted his life to serving our nation and fighting for what he believed was in its best interest,” Risch said. “We extend our deepest condolences and are praying for his family during this difficult time.”
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