| Recap of the Work of the 2009 Session of the Iowa Legislature |
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Overall, Iowa lawmakers in 2009 took actions in 2009 that included some significant forward steps, but left plenty on the table for the future and took some steps backward.
Policy brief (2 pg) PDF . (4/28/09) LATEST!
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| Iowa's Fiscal Crisis: Perspective and Options |
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Expanding Iowa’s EITC through income-tax reform now under consideration by the Legislature would help make work pay for Iowa’s low- and moderate-income families, and would make Iowa’s overall tax system better reflect Iowans’ ability to pay tax while raising a family.
Backgrounder (2 pg) PDF . (4/24/09)
Fact sheet with district by district impacts (2 pg) PDF . (4/24/09)
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Iowa Department of Revenue estimates show that reforms would continue to benefit a substantial share of Iowa taxpayers, including small-business owners, during 2011 through 2013.
Policy Brief (2 pg) PDF . (4/16/09)
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Despite the rhetoric from the big-business lobby and the anti-tax lobby, small-business owners overall in Iowa are at income levels and tax-filing status that shows they would, on balance, do better under the tax-reform plan than they do now.
Policy Brief (2 pg) PDF . (4/14/09) |
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As Iowans prepare for one of the most significant debates in years on the state's tax structure, it helps to consider the proposal in the light of accepted principles for sound tax policy.
Policy Brief (4 pg) PDF . (4/9/09)
Individual taxpayer scenarios HTML PDF (2 pg). (4/9/09)
Individual tax bracket changes HTML PDF (1 pg). (4/21/09)
News Release (2 pg) PDF . (4/9/09)
Policy Brief (3 pg) PDF . (3/27/09)
Beth Pearson testimony at public hearing (1 pg) PDF . (3/31/09)
Iowa legislators considering tax reform should focus on facts and the long-term state fiscal health. "The rhetoric ... is over the top," says IFP's David Osterberg.
News Release (1 pg) PDF . (4/2/09)
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Dramatically lowered revenue estimates make federal "stimulus" funds especially important to shore up the budget, and where possible, avoid cuts and layoffs that could deepen the recession in Iowa.
Policy Brief (8 pg) PDF . (3/24/09)
Backgrounder (1 pg) PDF . (3/24/09)
News Release on REC report HTML PDF . (3/20/09)
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| General fund spending has declined as a share of the state economy, but business tax credits have grown almost unchecked and out of control. Report PDF (3 pages). News Release PDF . (2/23/09)
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| Iowans can only understand the state's budget crisis by looking at the revenue roots of the problem. Tax cuts in the 1990s, and more tax breaks since, were unsustainable and prepared the state poorly for the current recession. Report PDF (6 pages). (2/19/09)
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| State fiscal relief from the federal government recognizes that states may not deficit spend — but that state spending can help the economy while serving people in need. Backgrounder (HTML) . PDF. (2/2/09)
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| A line by line look at the Iowa impacts of key provisions in the House and Senate economic recovery packages. PDF (1 page). (Revised 3/17/09)
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| Iowa policy makers have options to avoid deepening the recession. Backgrounder (HTML). PDF. (2/2/09)
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| Iowa state spending has been in line with general economic performance in the state, but spending in one area — tax credits — has grown much faster than general fund spending.
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Graphic perspective — two-page fact sheet shows the spending — and tax credit — realities.
Backgrounder (2-page PDF) (1/23/09)
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Des Moines Register interview with IFP tax-policy expert Peter Fisher of the Iowa Policy Project.
View the video. (1/22/09)
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'Everything's on the table,' — says the Governor. That must include spending on tax credits.
News release (PDF) (1/13/09)
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A Budget Crisis Primer — how we got here in 2009.
Backgrounder (7-page PDF). (1/16/09)
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Open Letter — leaders must make budget-crunch choices that won't worsen recession.
News release (PDF) (1/2/09)
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| New from the Iowa Fiscal Partnership |
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How do natural disasters, like the 2008 Iowa floods, affect children? What policies and actions can government take to mitigate these impacts?
Backgrounder (PDF) (1/25/09)
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Understanding local income surtaxes, in practice and potential for Iowa communities. Backgrounder (5-page PDF) (1/22/09) News release (PDF) (1/26/09)
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Newly revised state revenue estimates are pointing not just to the national recession hitting Iowa, but to holes in Iowa's revenue structure. News release (PDF). (12/12/08)
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Iowa lawmakers are almost certain to face immediate and severe budget challenges when they reconvene in January. Closing loopholes and stopping wasteful spending on tax breaks for big corporations offer an opportunity to shore up revenues to maintain critical services. Briefing paper (3-pg PDF). News release (PDF). (12/10/08)
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Health-care and education investments are at risk for Iowa as the state's population becomes proportionately older. Full report (28-pg PDF). Executive summary (HTML or 4-pg PDF). News release (PDF). (12/01/08)
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| City revenue reform can encourage sustainable, responsible and fair development and allow cities to meet their revenue needs. Report (24 pg). Exec. summary (4 pg), News release. (11/13/08)
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| Too often in the past, natural resources funding has lost out to state budget cuts or has been raided to pay for other public programs. Any sustainable funding source to correct this problem should also be fair to all Iowa taxpayers How can this be designed? Backgrounder (4 pg). (11/12/08) Revised
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| Lower-income non-elderly households in Iowa pay a much greater share of their meager incomes in state and local taxes than higher-income families pay. Backgrounder (4 pg). News release. (11/10/08)
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Iowa's response to storm disasters in 2008 will have far-reaching fiscal and economic impacts for many years. Iowa lawmakers heading into the 2009 session of the General Assembly, as well as the Rebuild Iowa Advisory Commission, would do well to consider long-term consequences of policy decisions while addressing immediate needs as well. See our package of reports.
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| The number of uninsured Iowans grew by one-third in seven years, while Iowans' median income showed slight improvement in 2007 and poverty remained high. News release. (8/26/08)
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| Farm buildings and farmland need to be assessed and taxed separately as a first step toward a more understandable, fair and modern system of assessing Iowa farm property. Full report, four-page executive summary, news release. (7/17/08)
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| A proposal in Congress for a property tax credit would deny help to Iowans facing the most difficult financial challenges from floods, tornadoes and mortgage foreclosures. IFP Perspective one-pager.(6/24/08)
See the Des Moines Register editorial. (7/3/08)
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| Iowa spent about $300 million in enterprise zone (EZ) subsidies from 2003-07 in a “monster” program needing a major overhaul. Report, executive summary and news release. (4/21/08)
See the Des Moines Register and Radio Iowa stories. |
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Household-name companies have been getting big checks at the expense of Iowa households. Report, news release and graphs. (4/16/08)
Iowa's Human Needs Advocates see a problem: secret tax breaks for big corporations — $32.8 million worth in 2005 — but delays in improving the EITC for low-income working families. News release from HNA, and two-page IFP backgrounder. (4/8/08)
Learn more about secret checks and the Research Activities Credit, and about closing corporate tax loopholes.
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| Switching the School Infrastructure Local Option (SILO) sales tax to a statewide penny sales tax holds mixed implications for low-income Iowans and tax equity. Report and backgrounder. (4/4/08)
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• Different incomes, different impacts for Iowans. Backgrounder. (3/31/08)
• Falling short for families with children. Backgrounder. (3/28/08)
• Benefiting the wealthy. One example: Iowa's special treatment of capital gains income. Backgrounder. (3/6/08)
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| Access to child-care is an issue of "making work pay," just like the minimum wage and low-income tax credits — and updating Food Stamp benefits can reflect that. Read the backgrounder. |
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| Recent Research |
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| Undocumented immigrant families pay less in state taxes than families at similar incomes in Iowa, but they contribute over $40 million to state coffers and they receive fewer services. A new report finds that discussions focusing only on costs of undocumented immigrants can miss a big piece of the fiscal equation: the taxes immigrants pay, often without services coming to them. Read the full report or the four-page executive summary or the news release. (Oct. 25, 2007) |
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