| IFP Analysis of Tax Reform Options |
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It’s the missing half of the discussion regarding the major features of the proposed package of changes to the Iowa state income tax structure. While many focus on the repeal of federal deductibility, those looking at the total package also see the major companion change: reducing all income-tax rates.
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Backgrounder or download 2-pg PDF April 21, 2009
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As a result amendments to the 2009 plan, more Iowans would have seen tax reductions from tax reform — 73 percent of taxpayers would have either seen a tax cut or no change in their taxes — but the
plan would not have been revenue neutral.
| Download policy brief (4-pg PDF) or news release 2-pg PDFApril 9, 2009
| See how the 2009 proposal would have affected taxpayers at different incomes and situations. As illustrated, most of the proposed changes in Iowa taxes would be relatively modest under such a plan, but moderate-income families with children would receive more substantial reductions.
| Backgrounder or download 2-pg PDF April 9, 2009
| Iowa legislators considering tax-reform legislation should
focus on facts and the long-term structural foundation of Iowa’s state fiscal health.
| Download 2-pg PDF April 2, 2009
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