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Iowa's income tax rate is now among nation's lowestState of play: Iowa's individual income tax rate dropped to 3.8% this year, down from a top rate of 5.7% in 2024 and 8.53% in 2019.
Tips and overtime could be exempted from federal income tax. Here’s what it would look like for Iowa
Here's what it would look like for Iowa if those policies become law as part of reconciliation bill in Congress ...
US President Donald Trump visits the midwestern state of Iowa on Thursday to kick off a year-long celebration of America's 250th birthday -- and tout his own second-term presidency.
President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal ...
Even with tax cuts in effect, Iowa is still projecting a $1.7 billion surplus in fiscal year 2026. ... John Hendrickson is policy director at Iowans for Tax Relief Foundation.
Currently, the excise tax on all charitable foundations is 1.39%, but the proposed legislation would enact rates of 2.78%, 5%, or even 10%, depending on the size of the foundation.
The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates, writes Jared Walczak.
The Tax Foundation, though, points out that because of Iowa’s relatively low property values, higher rates result in lower-than-average annual property tax liabilities for homeowners.
The Tax Foundation, though, points out that because of Iowa’s relatively low property values, higher rates result in lower-than-average annual property tax bill for homeowners.
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'The best is yet to come': Gov. Kim Reynolds touts Iowa tax cuts while accepting award - MSNIn a speech after she accepted the award, Reynolds recapped the series of tax cuts she has signed into law since she became governor, taking Iowa's top individual income tax rate from 8.98% in ...
Raised an existing property tax exemption for Iowa veterans to $7,000 from $4,000. Provided a property tax credit to Iowans 70 years old and older who make less than 350% of the federal poverty level.
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