More Millions for Millionaires

More Millions for Millionaires

IFP POLICY BRIEF / Flat-Tax Option Showers Benefits at High Incomes — Services Face New Cuts 2-page PDF   By Peter S. Fisher Tax legislation ...

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Iowa’s Problem of Priorities

Iowa’s Problem of Priorities

IFP BACKGROUNDER /  Costly Business Property Tax Cut Excessive — Hurts Family, Kids’ Services  2-page PDF  Tax cuts have consequences. In the case ...

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Balanced approach on gas tax

Balanced approach on gas tax

IFP BACKGROUNDER /  Raise the Gas Tax — Raise the Wage:  Minimum Wage Boost Would Offset Higher Cost of Gas Tax ...

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No income taxes, big checks from state

No income taxes, big checks from state

IFP NEWS / Lucrative program lets big companies erase taxes, and get extra in checks IOWA CITY, Iowa (Feb. 11, 2015) — More ...

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More Millions for Millionaires

More Millions for Millionaires

1
Iowa’s Problem of Priorities

Iowa’s Problem of Priorities

2
Balanced approach on gas tax

Balanced approach on gas tax

3
No income taxes, big checks from state

No income taxes, big checks

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.

  • When spending priorities are not part of budgeting

    Table3-RACrecip-240 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.

    Read this report

     

  • 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