News & Politics
Episode 31: Iowa Working Families Tax Relief Act
This week on The Caffeinated Thoughts Podcast, Shane Vander Hart discusses the Iowa Working Families Tax Relief Act (SF 2383) that passed in the Iowa Senate 29 to 21 with Drew Klein, the Iowa State Director for Americans for Prosperity. They also discuss the tax reform bill introduced in the Iowa House of Representatives (HSB 671).----more----
Here are some of the highlights of how SF 2383 impacts Iowa's individual income tax, corporate income tax, and sales tax:
Individual income tax:
Corporate income tax:
The Legislative Services Agency expects a $1 Billion loss in state revenue as a result of this bill. Klein discusses state spending and how Iowa can afford the tax reform bill.
Klein encourages our listeners to visit IATaxReform.com to contact state legislators.
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