News

Flat Tax Proposed In Iowa

Flat Tax Proposed In Iowa

Photo: clipart.com

The top Republican in the Iowa House says if Republicans win statehouse majorities in the House and the Senate this November, one item on his wish list for 2015 is a “flat” state income tax. House Speaker Kraig Paulsen, a Republican from Hiawatha, spoke at a meeting of central Iowa Republicans.


Paulsen and his fellow House Republicans endorsed a “flat” tax proposal last year, but it was not considered in the Democratically-led Iowa Senate. The proposal would have allowed Iowans to continue filing their income taxes under the current system or choose the alternative of a four-and-a-half percent flat tax on their income, with no deductions.


Republican Governor Terry Branstad floated the idea of a “flat tax” in December of 2013, but wound up abandoning the proposal in early 2014 because of Democratic opposition. Democrats say the “flat” tax would provide a “significant’ tax break for wealthy Iowans and do nothing to make the state’s income tax system fairer.

Recent Headlines

in Local

Huron Man Dies in Single Vehicle Accident

police lights

Huron man dies in a single vehicle accident.

in Local

Marijuana Production on the Way for Iowans

marijuana

A bill that would legalize the use of marijuana as treatment for certain medical conditions that cause seizures.

in Local

Census Data Says Iowa is Growing

market growing up

The U-S Census Bureau released estimates this week showing Iowa's population has increased by two percent since 2010

in Local

Omaha Police Appalled by Senator’s Comments

police lights

The backlash against comments made by Omaha State Senator Ernie Chambers continues.

in Local

Nebraska Senator Under Fire for Comments Against Police

nebraska-state-capital

A state senator called on Senator Ernie Chambers of Omaha to clarify his controversial statements about the police.