Beyond Battelle: Let’s broaden the dialogue of Iowa economic health
As Iowa legislators this week start work on a course to a more robust and diversified economy, discussion already has focused on ...
Cementing Inequity: Richest Iowans Pay Lower Tax Rate
• New Study Confirms Long-Term Trend — Low- and Middle-Income Iowans Pay Largest Shares of Income • New Cuts Would Compound Unfairness ...
When Iowa Wages Fall Short, Do Policy Choices Fill the Gap?
What does it take to get by these days? The Cost of Living in Iowa, 2014 Edition, from the Iowa Policy Project ...
Number of Poor Iowans Remains High, Income Growth Not Widely Shared
IOWA CITY, Iowa (September 18, 2014) — More Iowans remained in poverty four years after the recession than before, new data from the ...
Beyond Battelle: Let’s broaden the
1Cementing Inequity: Richest Iowans Pay
2When Iowa Wages Fall Short,
3Number of Poor Iowans Remains
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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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.
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