Loss of these incentives would have several impacts:
- place additional burdens on small business with limited margins and capacity.
- exclude approximately 12% of Idaho's population (along with their family members, friends and coworkers) from mostly rural Idaho business,
- signal to potential customers visiting rural communities for business or pleasure that they and their dollars are not welcome.
- remove 'carrots' or tax advantages, leaving only the 'stick' approach (fines)
- leave rural Idaho businesses exposed to the threat of $10,000 fines for violations.
According to reviews of the proposed tax cuts, persons with disabilities (and their employers and families) would be impacted in several ways, as the bill eliminates the following incentives:
- The medical expense deduction: This tax deduction allows people to deduct medical expenses that exceed 10% of their income. The number of people who use this deduction is small, but they are all people with high healthcare costs, which largely includes people with disabilities, chronic health conditions, and other medical conditions. People are allowed to deduct expenses for a variety of expenses including treatments, surgeries, medications, and medical travel.
- *The credit for expenditures to provide access to disabled individuals: This tax credit incentivizes small businesses to make their businesses accessible for disabled people. Small businesses can claim a 50% credit per year for expenditures between $250 and $10,250 that increase access and compliance with the ADA.
- The Work Opportunity Tax Credit: This tax credit provides incentive for employers to hire individuals from specific target groups who face increased barriers to employment. Target groups include disabled people who receive services from Vocational Rehabilitation, SSI recipients, returning citizens, veterans, and long-term unemployment compensation recipients."