Federal Tax Law Change Raises Cost of Refinancing Debt for State and Local Governments
State and local governments have enjoyed hundreds of billions of dollars in interest cost savings by refinancing their debt, but that all changed in 2018, costing taxpayers billions. Iowa’s state and local governments have almost $21 billion in outstanding debt obligations, with two-thirds of that total borne by local property…
Iowans Still Seek Tax Protections, Favor Trump Over Harris
The most recent Iowans for Tax Relief Foundation Poll, conducted by Cygnal, shows a majority of Iowans still want protections from income taxes and property taxes, and favor Donald Trump over Kamala Harris in November’s election. Almost 70 percent (68.6%) of those surveyed want the State Legislature to limit the…
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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
Iowans Still Seek Tax Protections, Favor Trump Over Harris
The most recent Iowans for Tax Relief Foundation Poll, conducted by Cygnal, shows a majority of Iowans still want protections from income taxes and property taxes, and favor Donald Trump…
Is the Constitution Still Relevant?
Defending the Constitution will be impossible if the American people fail to realize the importance and sacredness of the document. Writing in The Wall Street Journal, Jonathan Turley, a law professor…
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…
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…
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,…
