“After President Trump signed TCJA (Tax Cuts and Jobs Act) in 2017, it gave us just the opportunity we needed,” said Governor Kim Reynolds in reference to the start of Iowa’s historic income tax reforms.
Governor Reynolds was testifying barely six weeks ago before the United States House of Representatives Oversight and Government Reform Committee on a “Rightsizing Government” hearing.
Although Iowa has been a leader in fiscally conservative policies under Governor Reynolds, it is but one example of why state leaders are watching intently as Congress considers extending or making permanent the federal pro-growth tax reforms to which many states have linked their own laws and policies.
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