Articles Tagged: Taxes

Critics argue accelerated cuts hurt schools, public services

The state has made significant tax law changes for tax year 2023.

Also, Iowa Attorney General Brenna Bird has asked the courts to require TikTok to raise its age rating in app stores

Lawmakers seek data on what unemployment tax cut could mean

State lawmakers say the new proposal will be an improvement upon the original, which was shut down in 2009 after an audit showed $26 million in improperly issued funds, resulting in at least seven criminal convictions.

Iowa Business Council’s annual Competitive Dashboard reports labor force, education, health insurance ‘overperforming’,’ with diversity, obesity percentage and number of mental health providers ‘underperforming.’

Supporters of the bill, which calls for a constitutional amendment, include tax policy groups, the Iowa Association of Business and Industry and Iowa Bankers Association. Critics include the progressive advocacy group Common Good Iowa and the Iowa Catholic Conference.

State lawmakers honored the new all-time women’s basketball scoring leader as ‘one of the greatest collegiate athletes of all time’

Iowa Senate Republicans advanced Gov. Kim Reynolds’ legislation that would accelerate previously planned state income tax reductions. But the top Senate Republican on tax policy said legislators, in the coming weeks, also will advance their own proposal, which includes an eventual elimination of the state income tax.

Last Thursday marked the start of tax season, when Americans will spend a cumulative $31 billion and 1.7 billion hours to provide documentation of their income and earnings to the government — information the government already has.

With new legislation limiting the growth local governments can capture, coupled with this year’s low state residential property tax rollback, new Christmas decorations, park and other infrastructure improvements are on the chopping block in Swisher. Here’s how Corridor communities are looking to fill their budget gaps.

‘Glide path’ calls for IPERS investing state surplus, with profits used to reduce taxes

Reynolds proposes reducing the state income tax rate to 3.5% by next year.

In her annual Condition of the State address, the governor touts plan to raise teacher pay and reform area education agencies.

The governor heard from groups requesting additional tax cuts, as well as support for child care, apprenticeships and mental health services during a public hearing Wednesday.