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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 10, 2024

Page

7

Reynolds Addresses tax cuts and safety needs in Iowa state address

Gov. Reynolds outlined tax cuts to 3.9 percent by 2026 with early steps in 2024 and 2025, a 96 million push to boost starting teacher pay, reforms for AEAs, and shifts to fund special education. She urged unemployment reform, housing funding, and salary gains while pushing tighter Medicaid and contraception access, plus anticorruption and land ownership transparency.

Reynolds Iowa Dents AEA Aeas AFA State Department of Education

Reynolds proposes speeding up Iowa income tax cuts

Iowa Governor Kim Reynolds proposes accelerating the phaseout of the state's income tax, targeting 3.65 percent on 2024 wages and 3.5 percent in 2025, funded by a large budget surplus and Taxpayer Relief Fund. The plan faces Republican approval and contrasts with Common Good Iowa critiques. The budget would rise to 8.9 billion in the general fund, boosting K-12 and total education spending amid continued revenue growth.

Reynolds Des Moines Iowa Kim Reynolds House Senate Anne Discher Taxpayer Relief Fund

Also Mentioned on This Page

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