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Published 13 days ago

Iowa Republican leadership releases flat income tax plan

Summary by WHO-DT
DES MOINES, Iowa -- After a session of teasing income tax changes the final numbers were released Thursday morning. The bill has a version in each chamber. It calls for a 3.8% flat income tax rate to take effect in 2025. The bill moved fast on Thursday, advancing through an Iowa Senate subcommittee at 8 a.m. and clearing the senate ways and means committee in the early evening hours. The Iowa House passed the bill through committee in the early …

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