No More Blank Checks

Despite claims of inflation fears, the data shows city and county budgets have been outpacing inflation for years. An Axios Des Moines article about recent property tax reforms really caught our eye. In the article, a handful of city and county leaders in Iowa were lamenting new changes to Iowa law meant to rein in the growth of property taxes. One […]

Pro-Growth Tax Reform Improves Iowa’s Tax Competitiveness

The Tax Foundation’s ranking, in combination with continuing surpluses, proves that fiscal conservatism is working in Iowa. Tax rates matter. They are a major factor determining the economic well-being of a state in both the money they leave in the economy and the impressions decision-makers have when comparing states. The Tax Foundation recently released its annual 2024 State Business Tax […]

Iowa Revenue Keeps Growing With More Tax Cuts on the Horizon

Total FY2023 net revenue exceeded the REC’s March estimates. Iowa’s recently released revenue report for September revenue contains the final accounting for fiscal year 2023 (FY23). In early 2022, the Iowa Legislature enacted historic income tax reform reducing top rates and allowing taxpayers to keep more of their hard-earned income. The three-member Revenue Estimating Conference (REC) predicted Iowa would bring in less money in FY23 than the prior […]

Governor Reynolds Brings Greater Accountability and Oversight to Government

This article was published in The Gazette. Governor Reynolds is working to reform state government and make it more accountable and efficient for the taxpayer. Former President Herbert Hoover chaired two commissions during the presidential administrations of President Harry S. Truman and Dwight D. Eisenhower. The Hoover Commissions were looking to make government more efficient. As a result of the […]

Oklahoma May Eliminate the Income Tax

Oklahoma wants to follow the Iowa playbook: controlling government spending is vital to a successful tax reform policy. Oklahoma Governor Kevin Stitt has called a special legislative session, convening on October 3, 2023, for the purpose of income tax reduction and increased transparency within the state budget. The governor is not merely pushing for income tax relief but is asking the legislature […]