The $40 Trillion Question: What Should Washington Actually Fund?

John Hendrickson·
Uncontrolled government spending and the unfunded obligation of entitlement programs are driving the $40 trillion debt crisis.  However, those fiscal challenges don’t tell the whole story.  John C. Eastman, a Senior Fellow at The Claremont Institute and Director of the Center for Constitutional Jurisprudence, argues that “…there is another cause of our fiscal predicament that almost no one in Washington is willing to discuss: the federal government spends enormous sums of money on things the…

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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.

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
  • 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