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.
Learn about us and find out how to donate to our work for all Iowans.
When spending priorities are not part of budgeting
Spending on autopilot — this is the legacy of Iowa’s reckless treatment of what are known as “tax expenditures.” The clearest example is the state’s “Research Activities Credit,” which is a tax credit that in most cases is not used to reduce taxes, but to provide big subsidies to big companies outside the budget process. In 2013, 140 companies picked up $36 million in checks this way — without paying a dime of state income tax. Other taxpayers paid the bill.
Iowa’s low business taxes Iowa taxes that fall on businesses are lower than the national average — with the corporate income tax rate lower than all but 14 states. Not that you hear that very often in political debate. Read this report
SNAP Almost 200,000 households in Iowa benefit from Food Assistance. Read this report
A joint effort of THE IOWA POLICY PROJECT and CHILD & FAMILY POLICY CENTER
Iowa Policy Project | 20 E. Market Street, Iowa City, IA 52245 | E-mail: ipp(at)Lcom.net | Phone: 319-338-0773 | Fax: 319-354-4130
Child & Family Policy Center | 505 5th Ave., Suite 404, Des Moines, IA 50309 | E-mail: info(at)cfpciowa.org | Phone: 515-280-9027 | Fax: 515-244-8997