As Iowa’s tight budget situation lingers, the call for additional revenue sources continues to grow. The Des Moines Register recently published an editorial advocating a tax increase on beer to fund various programs and law enforcement efforts to deal with alcohol-related issues. The editorial board argued that a higher beer tax would discourage drinking and reduce the harmful effects of alcohol abuse. Iowa currently […]
Several states are moving in the direction of lowering their tax rates to create economic growth. The trend among many states has been to lower both individual and corporate income taxes as well as business and property taxes. In 2016 several states cut taxes and many of those states were building on previous tax cuts. Jared Walczak, a senior policy […]
The Des Moines Register recently suggested that Iowa should consider imposing a new tax on soda and other sugary drinks. It is assumed that this tax may be able to help solve two problems. The first is to generate more revenue for state government, and the second is to fight obesity. Any potential debate over a soda tax should serve […]