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Iowa tax plan promises big cuts and revenue shift
The plan projects 3.6 percent revenue growth with excess funds funneled to a trust until $200 million, then used to cut taxes. Feenstra touts an 8 percent first year cut for Iowans and a path to lower personal and corporate rates, with brackets compressed and new credits and deductions. Skeptics warn about budget balance and timing amid partisan debate.
MENTIONED IN THIS ARTICLE
Tam
Feenstra
Senate
Ways and Means
GOP
Guy Vander Linden
Roskaloosa
House
Rotunda
Towans
Vander Linden
Peter Downie
West
Des Moines
Dave Jacoby
Dcoralville
House Committee
Todd Prichard
Charles City
Cownie
Prichard
Jacoby
Iowa
Chuck Isenhart
D-Dubuque
John Forbes
Durbandale
Joe Bolkcom
Iowa City
Todd
Thana Prichard
Charles