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I spent $450 million and all I got were these localized intangible benefits.

Iowa will spend $450 million on tax credits this fiscal year, and darned if anyone can tell that they do any good. That’s the short version of the much-awaited analysis of Iowa’s tax credits that came...

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Will Iowa’s legislature take another shot at the deduction for federal taxes?

While Governor Culver’s proposed budget doesn’t propose to repeal Iowa’s deduction for federal taxes paid, a key legislator has quietly put that issue back in play, reports GlobeGazette.com: Although...

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Iowa individual rate cut advances to House floor

In a surprising bi-partisan vote, a bill to reduce Iowa’s individual tax rates by 20% across-the-board passed the Iowa House Ways and Means Committee yesterday. The bill passed out of the committee...

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