Topics:
January 5, 2023
Iowa Legislative Session Starts Next Week
- Eliminates the capital gains tax on the sale of shares of qualified ESOP businesses.
- Exempts farmer retirement income on either cash rent or capital gains tax
- Property Tax Reform
- Property taxes in Iowa are too high, uncompetitive and have increased by more than 120% in the last twenty years.
- Out of control city and county budget increases along with unfair tax exemptions have created an unsustainable property tax climate that continues to shift the burden of paying for essential public services onto the backs of small businesses and their employees.
- Income Tax Reform
- One of the top priorities for NFIB small business members continues to be the lowering of Iowa’s personal income tax rates.
- The best and most fair way to give every small business and their employees more of their hard-earned money while ensuring continued economic growth in Iowa is through personal income tax cuts.
State:
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