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Highest income earners in Iowa taxed at 7.7% rate

The top 1 percent of earners in Iowa are taxed at an effective rate of 7.7 percent, compared to the state’s 10.7 percent tax rate on the middle 20 percent of income earners, according to a new 24/7 Wall St. analysis.

Steve Reeder Pledges to Support Term Limits on Congress

U.S. Term Limits (USTL), the leader in the non-partisan national movement to limit terms for elected officials, praises 2020 U.S. house candidate for Iowa (district 4), Steve Reeder, for signing the pledge for an amendment to term limit Congress.

Inbound cigarette smuggling rate in Iowa estimated at 10.6%

The inflow of smuggled cigarettes in Iowa is 10.6 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

Iowa ranks 25th best in new economic outlook analysis

Iowa finished 25th in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

Iowa ranks third worst on corporate tax study

Iowa finished 48th in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Iowa among the 36 states with major tax changes in 2020

Iowa was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

Iowa job growth this year projected at 0.8%

Job growth in Iowa is expected to reach 0.8 percent by the end of 2020, up from the state's 2019 job growth of 0.7 percent, according to a new study by Kiplinger that assessed state economic outlooks.

Iowa has adequate funds to weather moderate recession

Iowa would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

Iowa ranks 42nd in annual tax climate ranking

Iowa finished 42nd in a new study by the Tax Foundation showing which states are best at structuring their tax systems

AEI report questions $28 billion bailout for farmers hit by Trump trade war

President Donald Trump's grant to American farmers of $28 billion over the past two years is a costly mistake, according to a November 2019 report by think tank American Enterprise Institute.

Experts say $16 billion Trump farm subsidy overpaid farmers

President Donald Trump’s $16 billion farm subsidy is flawed, experts from the University of Kentucky and the American Enterprise Institute (AEI) have said separately.

College football coach is highest-paid public employee in Iowa

Kirk Ferentz, head football coach at the University of Iowa, earned $4.7 million in 2018, making Ferentz the highest-paid public employee in Iowa last year, according to a ranking by the website GOBankingRates.

Funding for arts agencies in Iowa to reach $1.5 million in FY2020

Legislative appropriations for Iowa arts agencies are projected to reach $1.5 million for fiscal year 2020, which equates to 46 cents per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Iowa levies a total tax on lodging of 5%

Hotel room bills in Iowa tack on a total state lodging tax of 5 percent, the 36th highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

1,159 borrowers in Iowa filed for student loan forgiveness in 2nd quarter

Borrowers in Iowa who sought forgiveness of their student loans in the second quarter of 2019 numbered 1,159, according to a new state-by-state analysis by the U.S. Department of Education.

$415.5 million in federal research dollars flowed to Iowa in FY 2018

Federal agency research dollars going to Iowa totaled $415.5 million in fiscal year 2018, according to a new analysis by the Research!America alliance.

Iowa received $4.1 million in public broadcasting funds last year

The Corporation for Public Broadcasting allocated $4,097,828 in fiscal-year 2018 to support public television and radio in Iowa, the 28th highest amount among the 50 states and the District of Columbia, CPB reported.

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