October 2018

Economic Freedom is Vital

Economic Freedom is Vital

October 30, 2018by ITR Foundation

Iowa and all of the other states in our union are competing for economic growth. It is economic growth that creates jobs and opportunities and attracts new people to a state. And economic freedom-limited government, low tax rates, and low levels of regulation- is essential to fostering economic growth. So how does Iowa measure up in their pursuit of economic […]

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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