Economic Security

All reports by date

Perils of a constitutional convention


Resolutions now before the Iowa Legislature — ostensibly for specific purposes — actually could put our entire Constitution at risk.

Taxing seniors: Retirees benefit already


Seniors are now the age group least likely to live in poverty and most likely to have substantial wealth, providing very ample revenue for the later years. Yet, legislators keep looking for ways to give them tax breaks.

Passing through a special break


A special federal tax break for business income claimed for personal income tax purposes is complicated, poorly understood, and costly — and now it’s being considered by Iowa state lawmakers.

Leveling sales-tax playing field


While sales tax has remained important to state and local revenues, tax policy in Iowa has not kept up with changes in the economy, particularly with online and remote sales. The Governor’s tax plan would modernize that element — but other changes could ease Iowa’s overall regressive tax structure.

Costly frills: Extending 529 deduction


The proposed expansion of Iowa’s 529 program adds administrative complexity, reduces revenue for other needs, and disproportionately benefits high-income families.

Setting the stage for cuts


The plan includes some desirable reforms that need not have come at the expense of essential public services that inevitably will have to be cut in the face of revenue losses. It also omits reforms that could enhance Iowa tax fairness. 

Tax Policy Kit — Myth-Buster


Iowa is already competitive on its tax policies.

Senate: Rising inequity, less revenue


Overall the Senate plan would erode revenues, create structural budget deficits for years to come, and force cuts certain to imperil Iowa’s basic infrastructure and traditionally accepted responsibilities for its residents.

Give tax plans full review


Neither fairness nor adequate funding of state services appear to be the focus of either bill, but let’s give serious analysis a chance.

Governor’s budget: More details needed


IFP Statement — IPP’s Peter Fisher: Eliminating federal deductibility and adding sales tax for online sales are good starts, but many reasons to question Governor Reynolds’ plan.