Iowa~Multiple Taxes: Governor Notes Need for Tax Reform, Republicans Announce “Iowa Strong” Initiative

As part of their “Iowa Strong” initiative, Iowa Republican House members proposed lowering Iowa corporate and individual income tax rates, rolling back the value of commercial property, and lowering homeowners’ property taxes.

Governor Branstad, in a separate release regarding a large capital investment project, stated, “If our income tax structure was more competitive, we would be better able to compete for job and capital investment creation projects like this one.”

The releases may be viewed at http://www.iowahouserepublicans.com/iowa-strong-economy and https://governor.iowa.gov/2012/09/branstad-reynolds-celebrate-largest-capital-investment-in-iowa-history-calls-for-iowa-income-tax-reform/.

Release, Office of Iowa Governor Terry Branstad, September 5, 2012; Release, Rep. Kraig Paulsen, Speaker of the Iowa House of Representatives, September 7, 2012

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