Senate plan hurts poor, middle

Senate plan hurts poor, middle

IFP News: New estimates show big tax cuts for millionaires, tax hikes at middle and below for Iowans IOWA CITY, Iowa (Nov. 20, ...

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More debt, inequity and pain

More debt, inequity and pain

​FOR IMMEDIATE RELEASE, Tuesday, Nov. 14, 2017 Senate tax plan: More debt, more inequity, more pain Like House bill, Senate plan stacks the ...

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Against tax spin: Wealthiest benefit

Against tax spin: Wealthiest benefit

​IFP News Against the spin: Wealthy benefit most from House planIn Iowa and nationwide, federal tax proposal skewed to benefit millionaires   IOWA CITY, Iowa ...

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Sensible improvements for Iowa taxes

Sensible improvements for Iowa taxes

IFP BACKGROUNDER  Introduction to 2018: What should be part of tax reform? And what should not?   As Iowans look ahead to potential changes in ...

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Senate plan hurts poor, middle

Senate plan hurts poor, middle

1
More debt, inequity and pain

More debt, inequity and pain

2
Against tax spin: Wealthiest benefit

Against tax spin: Wealthiest benefit

3
Sensible improvements for Iowa taxes

Sensible improvements for Iowa taxes

4
  • About 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.

    Learn about us and find out how to donate to our work for all Iowans.

  • No income taxes, big checks from the state

    Basic RGB

    Large, profitable corporations receive checks from the state without paying any Iowa income tax through Iowa’s Research Activities Credit (RAC). The latest annual report from the Department of Revenue on the RAC shows about 300 corporate claims worth $49.1 million from the program in 2016. More than $4 of every $5 from this subsidy — $40.4 million — was paid out as checks, not as tax reductions.

    Read about it here

     

     

  • Our Work

    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