Idaho income tax revenue share shrinks as personal income more than doubles, Idaho Economist notes

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Iryna Sazhynska

25.04.2026

Idaho income tax revenue share shrinks as personal income more than doubles, Idaho Economist notes — Idaho tax revenue share drops since 2014

Idaho Economist, industry influencer, draws attention to trends in Idaho's income tax revenue. According to Idaho Economist, income tax revenue as a share of personal income is currently lower than it was in 2014. However, the decrease is not large. The tweet further points out that personal income in Idaho has also more than doubled in nominal terms during the same period. Idaho Economist cautions that saying the income tax share 'doubled' is highly misleading when reviewing these figures.

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Horpedahl has previously highlighted long-term wage growth in the U.S., noting that average hourly compensation for production workers reached $38 per hour in 2024 after inflation adjustment. In separate analysis, he reported that countries with Washington Consensus reforms saw higher incomes alongside greater economic freedom. These findings provide context for his ongoing reporting on income and tax trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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