Tax credits: Just review them!
Iowa lawmakers make tax credit reform much more difficult than it needs to be. If they were making a wheel, we'd be on foot. Continue ...
Business tax rankings: Misinformation continues
Tax Foundation rankings of state business tax climates bear little relation to what businesses actually pay in taxes.
Bad trend: Tuition share doubles
In 30 years, the share of public higher-education financed by tuition has doubled in Iowa. Meanwhile, total state support for higher education fell 22 percent.
Transparent realities of bad law
To be transparent, lawmakers and the governor would admit they are enshrining minority rule, punishing public workers again, and penalizing economic growth and recovery.
Tax credits: Just review them!
1Business tax rankings: Misinformation continues
2Bad trend: Tuition share doubles
3Transparent realities of bad law
4About IFP
The Iowa Fiscal Partnership is a joint initiative of two nonpartisan organizations, the Iowa Policy Project and the Child and Family Policy Center, providing reliable information and analysis on Iowa budget and tax issues.
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No income taxes, big checks from the state
Large, profitable corporations receive checks from the state without paying any Iowa income tax through Iowa’s Research Activities Credit (RAC), which overall cost taxpayers $70 million in 2018. The latest annual report from the Department of Revenue on the RAC shows corporate recipients drew $55 million from the program in 2018 — with $41.8 million paid out as checks, not as tax reductions.
Read about it here