Hidden Costs of Federal Dollars are a Barrier to More Tax Cuts
By shining a light on the obligations tied to federal funds, Iowa can take steps to reduce dependency on federal dollars, creating more room for tax cuts and future-proofing the state’s finances. Iowa’s recent history of tax reform has been marked by four rounds of significant income tax cuts with…
Income Tax Cuts Are Not Responsible for the “Sting” of Your Property Tax Bill
Income taxes are paid at the state level and are used for state government functions. Property taxes, on the other hand, are paid at the local level and used for local government functions. There is not a connection between the two types of taxes. In the complex world of taxation,…
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About ITR Foundation
Let’s be honest, big government is big bureaucracy, and common sense tells us big bureaucracy is ineffective. That’s why ITR Foundation works to:
- Research principled solutions
- Educate Iowans about our solutions
- Activate Iowans in support of our solutions
By applying the principles of limited government, free enterprise, and the rule of law to public policy, we can ensure all Iowans will have the opportunity to succeed.
Making a Difference
ITR Foundation set the policy groundwork for many recent taxpayer victories in Iowa:
- Increased property tax transparency and spending restraint
- A 3.8% flat individual income tax rate by 2025
- Elimination of income taxes on retirement income
- Elimination of inheritance tax
- Creating a path to reduce corporate income tax to 5.5%
- Phasing-out special tax incentives in the corporate tax code
- Banning local universal basic income programs
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Recent Posts
Income Tax Cuts Are Not Responsible for the “Sting” of Your Property Tax Bill
Income taxes are paid at the state level and are used for state government functions. Property taxes, on the other hand, are paid at the local level and used for…
The Most Difficult Policy is the Most Important Policy: Conservative Budgeting in Iowa
By prioritizing taxpayer interests and limiting government expansion, Iowa has created an environment where economic freedom and opportunity can flourish. Fiscal restraint is essential to ensuring long-term fiscal health. Executive…
Iowa Can Serve as a Property Tax Reform Leader
This article was published in American Habits. The solution for true property tax relief remains simple: creating more accountability and curbing spending at the local level. In 1934, to provide…
Iowa Has the Homefield Advantage… with Taxes
The Solution to Iowa’s Property Tax Problem
This article was published in The Gazette. Spending drives taxation. A strict 2 percent property tax cap on the growth of property taxes would force local governments to restrain spending.…
The Inconvenient Truth of Economic Development Failures in Des Moines
Tax breaks for businesses that may or may not follow through on their promises? Those are still alive and well. Local governments in Des Moines are doubling down on failed…
