Center on Budget & Policy Priorities: Iowa's Big Tax Cut for the Rich Already Straining State Services
November 12, 2024
November 12, 2024
WASHINGTON, Nov. 12 -- The Center on Budget and Policy Priorities issued the following research:
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This post is part of a series: Tracking the Fallout From State Tax Cuts
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Iowa is bracing for a $1.1 billion budget hit as it phases in its 2022 flat tax, according to new revenue forecasts (https://www.desmoinesregister.com/story/news/politics/2024/10/18/panel-predicts-iowa-will-take-in-1b-less-in-2-years-as-tax-cuts-kick-in/75720057007/) . . .
* * *
This post is part of a series: Tracking the Fallout From State Tax Cuts
* * *
Iowa is bracing for a $1.1 billion budget hit as it phases in its 2022 flat tax, according to new revenue forecasts (https://www.desmoinesregister.com/story/news/politics/2024/10/18/panel-predicts-iowa-will-take-in-1b-less-in-2-years-as-tax-cuts-kick-in/75720057007/) . . .