From a taxpayer perspective, the 2022 legislative session is off to a good start. Governor Kim Reynolds, in her Condition of the State address, outlined a pro-growth tax reform plan that calls for a flat 4 percent income tax by 2026. House Republicans have also introduced a tax reform plan that calls for a flat 4 percent tax rate by […]
This week is National School Choice week, which brings awareness to the importance of empowering parents to choose the best educational path for their children. To most parents, it is obvious that they should be in control of their child’s education. The problem is, in the collective mind of the education establishment, that is not so obvious. Remote learning caused […]
A state’s tax code is a tricky thing. No two states have identical laws governing their tax systems, so a direct, apples-to-apples comparison between states is impossible. There are lots of details and the details really matter. For instance, what is the standard deduction allowed by a state? This varies across the country, and becomes a key aspect of the tax plan released by Governor Kim Reyno...
By John Hendrickson, Policy Director for ITR Foundation, and Jonathan Williams, Executive Vice President for policy and Chief Economist at the American Legislative Exchange Council. Governor Kim Reynolds and free-market legislators are working to make Iowa a pro-growth leader. Tax reform is a priority for 2022 - and rightly so. Even after successful tax reforms in recent years, more [&he...
In Iowa, we expect to receive quality public services at a reasonable cost. However, in too many school districts, cities, and counties there is a gap between the amount of property taxes extracted from citizens and the growth of the community. For example, one Iowa school district is collecting 90 percent more in property taxes than it did 10 years ago while the number of students has remaine...
A Des Moines Register headline from September 2020 posed a question that is already being answered in the affirmative: As working from home becomes routine, will others follow? It’s not just large corporations in Iowa’s biggest city that have shifted where their employees work, but employers of all sizes in every corner of the state have developed flexible and remote work options. Just three years...
In Iowa, Medicaid is not only one of the most significant drivers of the budget but also one of the fastest growing. Medicaid is a shared expense between states and the federal government, but recent policies on the national level, especially the Patient Protection and Affordable Care Act, have led to an expansion in recipients.
Iowa employers currently have numerous jobs available illustrating that a major problem confronting businesses is the need for workers. The COVID-19 pandemic has impacted Iowa’s labor force and as the economy works through that impact, it will be important to encourage people to move back into the workforce. An area of reform that should be considered is Iowa’s unemployment guidelines.
The ability for Iowans, as well as those who relocate to Iowa, to earn a living will be greatly improved due to 2020’s historic occupational licensing reforms passed by the legislature and signed into law by Governor Kim Reynolds. Those reforms allow for universal recognition of out-of-state licenses, waive licensing fees for low-income individuals, and establish a standard for a fairer review pro...
“Regulations influence behavior. When we want less of something, we regulate it. For the sake of our families, young people, and low-income workers, we must not regulate jobs out of existence,” stated Rea Hederman, Executive Director of the Economic Research Center and Vice President of Policy at Ohio’s Buckeye Institute for Public Policy. Reducing the regulatory burden on an economy will also spu...
Governor Kim Reynolds, in her Condition of the State address this week, delivered a Reagan-esque take on the finer points of governing. “Under these ceilings, next to this marble, among these columns and portraits, it’s tempting to believe that nothing good happens unless we legislate it, regulate it, or fund it. But in the small towns, around kitchen tables, in […]
Income taxes aren’t the only piece of Iowa’s tax climate that impedes economic growth; our heavy property tax burden is harmful, too. Iowans are increasingly frustrated about their property taxes, likely because their local governments send them a bill that continues to grow each and every year. Thankfully, a solution exists that will benefit all property taxpayers in Iowa. Utah’s direct notificat...
As 2022’s legislative session kicked off this week, Iowans for Tax Relief Foundation offers a blueprint to free-market solutions that will grow our economy. For several years now, states across the nation have been demonstrating two remarkably different approaches to economic policy. One set of states seems to believe that high taxes, rapid spending growth, and lots of regulation are the key [&hel...
“Today’s legislation ushers in a new era of growth and opportunity in Iowa,” said Governor Kim Reynolds when signing the 2021 tax reform bill into law. “But we are not done yet. Next year, I’ll be proposing additional income tax cuts as we continue to make Iowa the most attractive place in America to open a business, raise a family, and start a career,” stated Governor Reynolds. Iowa was one of 15...
Some of our country's fastest growing states have spent the past decade crafting policies that lower taxes, reduce the regulatory burden, and rely on the choices of their citizens instead of government mandates and control. The free-market solutions presented in this report are a blueprint for growth and a reliable roadmap for Iowa’s future. Click to download the report
By John Hendrickson, Policy Director for ITR Foundation, and Dave Trabert, Chief Executive Officer of the Kansas Policy Institute Iowans are growing more frustrated with high property taxes. A majority of Iowans, 63.4 percent, believe that property taxes are too high. The concern over property taxes surpasses the rural-urban divide and political party identification. Taxpayers are often lef...
Do you want to play a role in the policy decisions that affect your community? Do you want to learn how you can have a say in shaping your state's future? ITR Foundation has teamed up with Iowans for Tax Relief and Americans for Prosperity to host a free workshop on how to impact your lawmakers. These organizations bring years […]
Join ITR Foundation Deputy Director Walt Rogers, School Choice Expert Corey DeAngelis, and House Education Committee Vice-Chair Representative Skyler Wheeler for an online School Choice 101 event. Watch this live Facebook event Monday, January 10 at 7:30 pm on The Iowa Standard page.
Senator Dan Dawson, chair of the Iowa Senate Ways & Means Committee, speaking before the Iowa Taxpayers Association (ITA) stated that his tax policy goal for the 2022 legislature is to create a “21st century model” that will create the best tax climate in the nation. “We have the opportunity to do a tax reform moonshot here in Iowa,” stated […]