The Idaho House Republican leader previewed a slate of large tax cuts Idahoans could see this year, beginning with a potentially historic cut to individual and corporate income taxes. The cut would bring Idaho’s flat income tax rate to 5.

House Speaker Mike Moyle (R-Star) is making good on his promise to cut taxes beyond the governor’s proposed $100 million during his state of the state address earlier this month.

BOISE — Idaho lawmakers will consider significantly reducing income taxes this year, resulting in an anticipated $253 million reduction in revenue — with more proposed tax cuts on the way.