Republican lawmakers say they are “close” to a deal to cut Iowans’ income taxes, but it’s taken a while to find the method and the depth of cuts that all feel “comfortable with” according to House Speaker Linda Upmeyer of Clear Lake.
Senate President Charles Schneider, a Republican from West Des Moines, says it’s been two decades since Republicans controlled both the legislative and executive branches of state government and had a “serious discussion” about tax policy.
House Republicans have voted for a five-year plan that would cut taxes by one-point-three BILLION dollars. Republicans in the SENATE have proposed two-billion dollars in cuts over the next five years.
