Iowa’s gubernatorial candidates recently outlined their tax philosophies during separate interviews on Simon Conway's WHO Radio program, offering some of the clearest policy positions of the campaign so far. Rob Sand discussed legalizing and taxing recreational cannabis and ending the sales tax exemption for data center equipment to generate additional state revenue, while maintaining he did not b...
Supreme Court Clarifies Tax Sale Rights: In Pung v. Isabella County, the U.S. Supreme Court ruled that taxpayers are entitled to the surplus proceeds from a tax sale—but not the fair market value of their property if it later sells for more. “Nothing Less, and Nothing More”: Building on its 2023 Tyler decision, the Court reaffirmed that governments may collect unpaid taxes through a tax sale, but...
“The founders of our republic under Divine inspiration” established a “great political system,” which is “unique in the world,” argued Hoover. However, Hoover understood that the principles of the Declaration of Independence and the Constitution were also based upon heritage. “God has blessed us with another wonderful word—heritage,” affirmed Hoover. Further, Hoover noted that the “great documents...
The real driver of high taxes is high government spending. Lasting tax relief cannot be achieved by protecting government budgets or hoping for economic growth alone—it requires policymakers to control spending. Economic growth matters, but it is not a substitute for fiscal discipline. When government spending grows faster than the economy, taxpayers face increasing pressure and higher taxes that ...