The states that have cut their rates are forcing their neighbors to take notice. This is certainly the case for Iowa, which is moving to become a pro-growth leader in the Midwest. Jonathan Williams, Chief Economist, and Lee Schalk, Vice President of Policy, both at the American Legislative Exchange Council (ALEC) wrote:
“Iowa’s success might very well be the spark that ignites a new tax rebellion across America’s heartland, when lawmakers in surrounding states such as Wisconsin, Nebraska, Minnesota, and Missouri quickly realize they need to keep up with Iowa — or risk falling behind by standing still.”
ITR looks forward to re-capping all the tax relief measures that are passed around the country this year once every state legislature has finished their work. In the meantime, our friends at Tax Foundation are monitoring the progress nationwide.
This article was originally published by ITR Foundation
