Study makes recommendations for reforming Iowa’s tax structure
Iowa has the potential to have one of the top 10 tax climates in the United States, according to a new report released by the Future of Iowa Foundation. The foundation, a sister organization to the Iowa Taxpayers Association, commissioned the Tax Foundation in Washington, D.C., to conduct an in-depth study of Iowa’s current tax structure and provide options for reform. The findings of this study are revealed in a new publication called “Iowa Tax Reform Options: Building a Tax System for the 21st Century.“ “Our goal with this project is to provide a menu of options that would improve Iowa’s competitive standing through a commitment to simple, transparent, neutral and stable tax policies,” said Tax Foundation Policy Analyst Jared Walczak.