April 2023

Biden’s Budget Battles

Biden’s Budget Battles

April 27, 2023by ITR Foundation

The game of chicken being played in Washington, D.C. over next year’s federal budget and the debt ceiling is the latest example of why we are glad to do our work in Iowa, not the nation’s capital. While President Joe Biden seemingly wants to be handed a blank check for federal spending, Speaker Kevin McCarthy and House Republicans are demanding […]

Upset About Your Property Taxes?

Upset About Your Property Taxes?

April 25, 2023by John Hendrickson and Leah Vukmir

This article was published in the Cedar Rapids Gazette. A spending limit applied to local governments requiring them to earn a vote of the people to raise spending forces governments to be more accountable and to justify new spending. Taxpayers across the state are upset after receiving their property assessment notices in the mail. Property assessments in Iowa have increased, […]

Voting With Your Feet and the Benefit Principle

Voting With Your Feet and the Benefit Principle

April 24, 2023by Sarah Curry, DBA

 Local government officials should focus less on “keeping up with the Joneses” and more on the core services demanded by their constituents. Property taxes are arguably the most hated tax in Iowa, and rightfully so. The tax bill grows whether or not the homeowner has done anything to the property. Consequently, Iowans for Tax Relief Foundation’s latest poll found that […]

Iowans Feeling the Squeeze

Iowans Feeling the Squeeze

April 18, 2023by John Hendrickson

The recent ITR Foundation poll shows Iowans are concerned about their own financial stability and the role inflation and government tax-and-spend policies have on their budget. Iowans are increasingly concerned about the economy, with high inflation and national economic uncertainty contributing to their anxiety. A recent poll conducted by ITR Foundation found that 74.4 percent of Iowans...

Truth-in-Taxation Would Benefit Iowa Taxpayers

Truth-in-Taxation Would Benefit Iowa Taxpayers

April 17, 2023by John Hendrickson & Rusty Cannon

This article was published in the Iowa Capital Dispatch. Truth-in-Taxation forces local governments to be more transparent, holds local governments accountable, and provides an opportunity for citizens to have an honest conversation with their elected officials about property taxes. Frustration with high property taxes is reaching a boiling point, especially after taxpayers across Iowa are receivi...

Iowans Favor Income Tax Constitutional Protection

Iowans Favor Income Tax Constitutional Protection

April 14, 2023by ITR Foundation

Click here to download your copy of Iowans Favor Income Tax Constitutional Protection one-pager. Iowa has made great progress in reducing income taxes over the past few years. One question that is now being asked is, what is the best way to protect taxpayers from dramatic and damaging increases in the future? The most recent ITR Foundation poll found that over 60% of Iowans [&hellip...

Simplifying Property Valuations and Rates

Simplifying Property Valuations and Rates

April 13, 2023by Sarah Curry, DBA

The system used to calculate property taxes in Iowa is too complicated. It’s easy to get lost in all of the calculations that go into determining your property tax bill, so we’ll try to simplify some of the items for you.  The first thing to remember is property taxes in your community are determined by how much your local elected […]

March Revenues Continue to Exceed Forecast

March Revenues Continue to Exceed Forecast

April 12, 2023by Sarah Curry, DBA

With three-quarters of the fiscal year behind us, the state is continuing to outperform last year. Iowa’s revenue report for March has been released and the data revealed net General Fund revenue for the month was $39 million (7.3%) above the March 2022 net revenue level. When broken down by the three largest sources (personal income tax, sales/use tax, and corporate income […]

Iowans Support Property Tax Limits

Iowans Support Property Tax Limits

April 11, 2023by ITR Foundation

Property taxes are a heavy burden for Iowans and voters are demanding that the legislature step up to offer some relief.  The most recent ITR Foundation poll found that a full two-thirds of Iowans support the general assembly setting limits on how much a local government can tax and spend in order to control the growth of property taxes.

Iowans Want Restraints Applied to Government’s Ability to Grow

Iowans Want Restraints Applied to Government’s Ability to Grow

April 10, 2023by ITR Foundation

The most recent Iowans for Tax Relief Foundation Poll, conducted by Cygnal, shows a majority of Iowans want to see restraints applied to government’s ability to grow. Two-thirds of those surveyed (66.6%) support the legislature setting limits on how much a local government can tax and spend, while nearly as many Iowans (61.3%) would support a constitutional amendment requiring a […]

Sales Tax Holidays are no Trip to the Beach

Sales Tax Holidays are no Trip to the Beach

April 6, 2023by Sarah Curry, DBA

When a state starts to move away from sound tax policy, even if it does so with the best of intentions, unintended consequences can abound. Exempting certain goods and services from taxation is a literal example of government “picking winners and losers.” A sales tax holiday is a limited time period during which a state frees purchases of specific items […]

West Virginia Gave Certificate of Need the Boot

West Virginia Gave Certificate of Need the Boot

April 5, 2023by John Hendrickson

West Virginia is only the latest state to take the step of eliminating restrictive barriers to health care, and Iowa should be the next. Policymakers in Iowa can increase access to health care and improve affordability by eliminating excessive restrictions on the expansion and introduction of facilities. Specifically, Iowa’s Certificate of Need (CON) laws limit patient access and provider competit...

President Biden’s Budget Threatens Main Street

President Biden’s Budget Threatens Main Street

April 4, 2023by John Hendrickson and Matt Everson

Iowa taxpayers and small businesses would be better served if federal policymakers made the TCJA permanent, pushed back on proposed tax increases, and fought inflation by cutting government spending. This article was published in The Cedar Rapids Gazette. The Tax Cuts and Jobs Act (TCJA) brought historic tax relief to taxpayers. Taxpayers and small business owners across Iowa benefited greatly [&h...

Voter Turnout for Special Election Below November Levels

Voter Turnout for Special Election Below November Levels

April 3, 2023by Sarah Curry, DBA

All bonded indebtedness, voted levies, and other revenue or spending questions that directly affect property taxes should be placed on November election ballots for the greatest possible participation of the electorate. On March 7, 2023, 22 taxing authorities spread across 35 Iowa counties held special elections that included bond questions totaling nearly $400 million in potential new spendi...