During the 2022 Iowa Legislative Session tax reform was signed into law by Iowa Governor Kim Reynolds, and the Iowa Senate recently passed reform relating to lawmakers voting on tax increases.
A 3.9-percent flat income tax rate and the elimination of retirement income taxes was signed into law earlier this year by Governor Reynolds and State Senator for District 10 Jake Chapman says Iowa Senate lawmakers recently passed a constitutional amendment that would require a two-thirds majority vote instead of a simple majority vote to raise taxes.
“We have gone a long ways in implementing tax cuts here in this state. We have seen the economic growth that has come by cutting taxes and putting more money back into the pockets of hardworking Iowans and we want to safeguard that.”
Chapman tells Raccoon Valley Radio there are lawmakers who fought against the tax cuts when they were voted on. Chapman says it would require the two-thirds majority vote when it deals with implementing a new tax or an increase in the income tax.
“This would ultimately be voted on by the people of Iowa. We have seen this type of constitutional amendment happen in other states and it is overwhelmingly supported. I found it really unfortunate and disappointing to see my colleagues on the other side of the aisle lock up on this and they have an appetite for spending more money and they want to spend more money. We just fundamentally disagree, there’s a difference in our belief system when it comes to these dollars.”
For a full look at the legislation you can go here.