(Des Moines, IA) Iowa Senate Republicans released a five-year tax plan Wednesday which would take the one percent tax collected by cities and counties and make it a statewide tax. A portion of those sales taxes would be deposited in the state fund created in 2010 to finance water quality and outdoor recreation projects. The plan also includes tax breaks for individuals, corporations, and retirees. Senator Dan Dawson from Council Bluffs says Senate Republicans have tried to produce a bill that creates a vision for Iowa — with lower rates – and it creates a vision of attracting more people to the state while funding priorities.
Learfield Data Wire
