Iowa Fiscal Partnership / 2016
Research Archives for 2016
What legislators pleading low revenues seldom admit is that their dilemma is largely self-inflicted. Revenues given away are revenues that cannot be used to invest in schools.
Iowa’s expansion of Medicaid has increased access to health care for thousands. These latest census findings set a baseline for an evaluation of the impact of privatization of Medicaid that Governor Branstad imposed this year.
When the 2016 session began, Iowa faced a host of critical challenges. This session has done little to ease any of the major concerns, and nothing to meet them for the long term.
“The precedents being set raise uncertainties for the future governance of our state.”
Aside from fiscal impacts, sales-tax proposals and actions in Iowa ignore existing law or voters’ directives, and long traditions in the way we govern ourselves.
Economic benefits would result — perhaps more — if the penny sales tax dedicated to school infrastructure spending were not diverted, as the Governor proposes, to other purposes.
Legislators must decide if a boon to specific Iowans is more important than improving the lives of all Iowans with better funding of schools and other priorities with revenue otherwise lost.
These figures raise serious questions about the need for state help to cover what may be normal expenses for these large, profitable companies.
“Is it a better use of taxpayers’ money to send millions in checks to profitable companies to do research they would do anyway, or to make sure schools can hire enough teachers next fall?”
“Too often, we see public officials relying on these rankings and the policy prescriptions they promote, when in fact the rankings have no predictive value for economic growth,” said Fisher.