Iowa legislators should shatter stereotypes, fix broken tax code
In today’s fractured political climate, the charges are typical: the left says “Republicans care only about tax cuts for the wealthy” and the right calls Democrats “tax and spend liberals.”
Lawmakers in Iowa could shatter these stereotypes by coming together to fix our broken tax code, making it fairer and more conducive to economic growth.
Wouldn’t that be refreshing?
There’s no question that we need reform. Iowa’s current tax code is a complex mess of uncompetitive tax rates with a myriad of tax credits that favor select, well-connected businesses and industries over smaller companies.