John Hendrickson: Contrary to what the Des Moines Register’s editorial board believes, the solution to finding more revenues will not be found in increasing taxes or creating new taxes, but rather by lowering spending and tax rates that will generate more economic growth.
The Iowa House and Iowa Senate gaveled in on Monday morning to launch the 2018 session of the 87th General Assembly with Republican leaders focused on tax reform during their opening remarks.
John Hendrickson: President Ronald Reagan argued that the only special interest that should be protected by the tax code is the taxpayers. This is a principle that Iowans for Tax Relief will continue to fight for during the upcoming legislative session.
The second year of the 87th Iowa General Assembly begins Monday, January 8th. State Representative Steven Holt (R-Denison) highlights what he believes will be the main priorities this session.
John Hendrickson: If the legislature works to make the tax code friendlier to individuals and businesses by lowering rates, it will result in not only better incentives for economic growth, but it will be protecting the interests of the taxpayer.
Congressman David Young (R-Iowa): This past year, our communities and nation have experienced trials and triumphs – not unlike those felt by Iowa families.
Shane Vander Hart: Depending on who you ask the Tax Cuts and Jobs Act (H.R. 1) that Congress passed this week will usher in the apocalypse or it is the best thing since sliced bread.
All of Iowa’s Republican Congressional Delegation voted for the Tax Cuts and Jobs Act of 2017 and praised its passage citing tax relief for Iowa’s families.
Congressman David Young: Enacting major changes to our decades-old tax structure can be uncomfortable and upsetting to some who like the status quo.
John Hendrickson: The trend among many states has been to lower both individual and corporate income taxes as well as business and property taxes.
Congressman David Young (R-Iowa): The new tax plan delivers what Iowans need – more money in their pockets, a simpler and fairer tax code, and bigger paychecks.
Congressman David Young (R-Iowa): It is time to unshackle the economy from a broken tax code that is holding us back from reaching the progress we are capable of achieving.
David Young: Americans know how to spend their money better than the federal government, which is why I want them to keep more of their hard-earned money.
John Hendrickson: Priority-based budgeting along with prudent tax reform will create an opportunity for Iowa’s economy to grow and keep vital government functions funded.
Iowans for Tax Relief: There are many reasons Iowa’s income tax system should be reformed, but generating more revenue is not one of them.
John Hendrickson: To Iowa policymakers, the Kansas story is not a failed tax-cut experiment, but rather a warning about excessive government spending.