Universal Basic Income Programs: Less Work and Less Productivity
Recent evidence continues to demonstrate that UBI programs do not work as intended. Universal Basic Income (UBI) programs are gaining popularity across the nation. Some policymakers view UBI as a solution that solves poverty and provides greater economic security through wealth redistribution. Here in Iowa, Polk County joined with other…
Majority of Special Elections Approve Property Taxes; Low Turnout the Norm
Voter turnout for city and county measures was 10.5%, while school measures drew only 8.5%. On September 10, 2024, twenty-one local governments held special elections with property tax measures on the ballot. Unofficial results show most of the measures passed, adding up to nearly $14 million in property tax costs.…
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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
September 10th Special Election: More Property Tax Increases on Ballots
Twenty-one local governments are seeking property tax hikes on top of already-elevated assessments. On September 10, 2024, 13 school districts, two counties, and five cities will place property tax questions…
The Impact of the Tax Cuts and Jobs Act on an Iowa Family
Making the TCJA permanent would ensure continued financial stability and enable families like mine to focus on what truly matters—raising happy, healthy children in a secure environment. On August 16,…
Learn How Much It Will Cost You if Federal Tax Cuts Expire
Washington, D.C. sets up a game of chicken between Iowa taxpayers and the sunset of the Tax Cuts and Jobs Act. The Tax Cuts and Jobs Act of 2017 (TCJA)…
A Minnesota Native’s Gratitude for Iowa Values
This article was published in the Des Moines Register. I am grateful for the leadership of Governor Reynolds, who upholds the values that my family once saw in the DFL…
Learning From History: A Critical Look at Kamala Harris’s Economic Agenda
Harris’s “opportunity economy,” with its price controls, tax increases, and expanded government spending, is likely to exacerbate inflation and lead to economic disaster. The adage, “Those who do not learn…
Hendrickson Report: Economic Patriotism in the Heartland
Whether they are farmers, factory workers, or small business owners, grassroots Iowans understand that Trump is not only standing up to China but also trying to rebalance trade and prioritize…
