Iowa Accelerates Transition to a Low Flat Tax
This article was published in National Review. The flat tax will now start a year earlier, and at a slightly lower rate, than originally planned. “The headline of this session is simple: Iowa’s income-tax rate will be the 6th lowest in the country,” stated Iowa senate majority leader Jack Whitver. Going into…
Council Bluffs Streetcar Needs to Slow Down
This article was published in The Daily Nonpareil. At a time when property valuations are increasing at double-digit rates and inflation is cutting into household budgets, Council Bluffs should be reducing its reliance on property taxes and making them more consistent, not introducing expenses and uncertainty. The $440 million Omaha…
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About ITR Foundation
Let’s be honest, big government is big bureaucracy, and common sense tells us big bureaucracy is ineffective. That’s why ITR Foundation works to:
- Research principled solutions
- Educate Iowans about our solutions
- Activate Iowans in support of our solutions
By applying the principles of limited government, free enterprise, and the rule of law to public policy, we can ensure all Iowans will have the opportunity to succeed.
Making a Difference
ITR Foundation set the policy groundwork for many recent taxpayer victories in Iowa:
- Increased property tax transparency and spending restraint
- A 3.9% flat individual income tax rate by 2026
- Elimination of income taxes on retirement income
- Elimination of inheritance tax
- Creating a path to reduce corporate income tax to 5.5%
- Phasing-out special tax incentives in the corporate tax code
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Recent Posts
Iowa Completes a Pro-taxpayer Legislative Session: Over $1 Billion in Tax Relief
By Chris Hagenow and Grover Norquist This article was published in the Des Moines Register. Pro-growth tax reforms combined with conservative budgeting are strengthening Iowa’s economy and creating a strong…
The Troubling Proliferation of Universal Basic Income Programs
This article was published in Governing. Iowa policymakers did the right thing in prohibiting localities from creating UBI programs that would not only fail to resolve poverty but also create…
Iowa Continues Prudent Spending with FY 2025 Budget
Officials demonstrate fiscal restraint even as they continue to up the state’s investment into education and healthcare. The passage of the appropriations bills that make up the Fiscal Year (FY)…
Pro-Growth Policies and Conservative Reforms Stand Out in Session Recap
“The headline of this session is simple: Iowa’s income tax rate will be the 6th lowest in the country…” The Iowa legislature has adjourned, and this session has resulted in some…
Iowa Taxpayers Win Big at the End of 2024’s Session
The last several elections demonstrate that Iowans support the tax relief efforts of Governor Reynolds and those legislators who have voted to cut taxes. Iowa’s legislature continued the tax cut…
Local Government Guaranteed Income Programs to be Banned
This legislation properly reminds Iowa cities and counties of their expected role, while protecting property taxpayers from funding a flawed poverty prevention program. Taxpayers across Iowa were provided with another…
