July 18,2025

Idaho Wins with One Big Beautiful Bill

$3,600 to $6,400 increase in wages, 35,000 jobs protected

Washington, D.C.--According to estimates from the Council of Economic Advisers (CEA), the One Big Beautiful Bill (OBBB) will raise real wages in Idaho by $3,600 to $6,400 over the next four years. The CEA also finds hundreds of thousands of Idahoans will benefit from the bill's tax benefits for seniors, no tax on tips and no tax on overtime. The legislation will also protect 35,000 jobs in Idaho that would have been at risk if the Trump tax cuts had expired.

 

Idaho wages and take-home pay:

  1. OBBB will raise wages in Idaho by an inflation-adjusted range of about $3,600 to $6,400 over the next four years.
  2. A typical family with two children in Idaho can expect to see higher take-home pay of about $7,200 to $10,200 with OBBB compared to if it had not passed.
  3. 300,000 seniors in Idaho could benefit from tax relief for seniors in the legislation.
  4. Around 24 percent of all employees in Idaho regularly work overtime and could benefit from the no tax on overtime.

Idaho jobs, businesses and housing:

  1. OBBB will protect about 35,000 full-time equivalent jobs in Idaho over the next four years, relative to if the Trump tax cuts had expired.
  2. 41,000 firms in Idaho could be eligible for the law's permanent small business deduction, or about 45 percent of all firms.
  3. OBBB makes the Opportunity Zone program permanent, which will lead to increased investment in low-income communities across Idaho.

 

Read the CEA’s summary HERE on how the OBBB will help Idaho.

 

Click HERE to learn more about the Finance Committee provisions in the One Big Beautiful Bill.