Iowa April Tax Revenues Fall 8.1 Percent
DES MOINES Iowa tax revenues declined 8.1 percent in April dimming hopes for extra funds to support a $17 million list of projects. Officials attribute the dip to calendar timing and compare April figures with a windfall year. Revenues for the first 10 months show growth, but adjustments are needed to meet the 3.6 percent target.
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Iowa Extends Sales Tax to Out of State Catalogs
Gov. Terry Branstad signs multiple measures including a 4 percent sales tax on Iowa purchases from out of state retailers advertising in the state. The move aims to capture catalog sales, fund a budget gap, and faces possible court challenge. The package also expands local option taxes on alcohol and adjusts pesticide dealer fees.
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Des Moines
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