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January 11, 2019

Idaho has a $350M cash-flow problem

BOISE, Idaho (AP) — The chairman of the Idaho State Tax Commission says Idaho's economy is strong, but the state faces a likely $350 million cash-flow problem due to changes in tax laws.

Ken Roberts told members of the Economic Outlook and Revenue Assessment Committee on Thursday the problem will likely work itself out, but it's possible that about $50 million might not come in until after the current fiscal year.


 
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