Iowa’s flat tax ushers in a new era — it’s time to cut unemployment taxes
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Incentives may lure developers and data centers, but Iowa’s high property tax situation should be a “fire bell in the night” for local government officials. High property taxes will deter economic growth. They will discourage new residents, entrepreneurship, and force people to leave.
Originally Published in the: Do Washington policymakers follow Reynolds’ path of fiscal conservatism to lower taxes and balanced budgets? Or Walz’s path of higher taxes, higher spending, and higher deficits? Iowa and Minnesota are midwestern neighbors who have taken vastly different fiscal policy paths in recent years. They have arrived at quite different destinations, with one looking at lower taxes […]
Originally Published In: The root cause of these rising taxes isn’t increasing property values; it’s excessive government spending. Local governments have expanded their budgets without considering taxpayers’ ability to pay. Property taxes are crushing taxpayers nationwide, and Iowa is no exception. In the past two decades, Iowa’s property taxes have surged by more than 110%, with local governments collecting over $7 […]
Originally Published In: Borrowing a page from Calvin Coolidge, Trump should seek to reduce spending, pay down the national debt, lower tax rates, and limit immigration. President Trump’s announcement about the creation of the Department of Government Efficiency (DOGE) to be jointly directed by entrepreneurs Elon Musk and Vivek Ramaswamy has created much excitement about the potential for reducing regulation, […]
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