Commentary: Tax reform's potential to boost Iowa's economy | Columnists
In 2018, Gov. Kim Reynolds and the legislature passed pro-growth tax reform that lowered income tax rates and broadened the sales tax base. Reducing tax rates, along with practicing fiscally responsible spending policies, is making Iowa more competitive and economically strong. However, the annual report, Rich States, Poor States, describes how states across America continue to advance policies that help their taxpayers increase take-home wages and enhance their standard of living. This year, Indiana will once again lower its corporate income tax rate from 5.25 percent to 4.9 percent. Since 2...
Source: globegazette.com
