The highest-paid Iowans have to work 3 weeks per year to pay their state and local tax obligation (5.8% of income). The lowest-paid Iowans have to work twice as long to do the same (10.6% of income).
2/4/2004
Everything You Wanted to Know About Closing Tax Loopholes...
But Were Afraid to Ask
One option to address Iowa's recent budget challenges is to examine tax loopholes that do not serve a public purpose.
