Currently, the excise tax on all charitable foundations is 1.39%, but the proposed legislation would enact rates of 2.78%, 5%, or even 10%, depending on the size of the foundation.

Even with tax cuts in effect, Iowa is still projecting a $1.7 billion surplus in fiscal year 2026. ... John Hendrickson is policy director at Iowans for Tax Relief Foundation.

The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates, writes Jared Walczak.

The Tax Foundation, though, points out that because of Iowa’s relatively low property values, higher rates result in lower-than-average annual property tax liabilities for homeowners.

Iowa food banks, pantries brace for increased need after Trump signs sweeping tax and budget bill Social Security no taxes ...

President Donald Trump got a little too excited in his victory lap over the passage of his Big, Beautiful megabill.During a ...

The Tax Foundation, though, points out that because of Iowa’s relatively low property values, higher rates result in lower-than-average annual property tax bill for homeowners.

In a speech after she accepted the award, Reynolds recapped the series of tax cuts she has signed into law since she became governor, taking Iowa's top individual income tax rate from 8.98% in ...

By Nandita Bose DES MOINES, IOWA (Reuters) -Buoyed by passage of his sweeping tax-cut and spending bill, President Donald ...

Raised an existing property tax exemption for Iowa veterans to $7,000 from $4,000. Provided a property tax credit to Iowans 70 years old and older who make less than 350% of the federal poverty level.

Donald Trump announced his victory with the ‘big, beautiful bill’ as he kicked off the yearlong celebration of 250 years of ...

The Tax Foundation, though, points out that because of Iowa’s relatively low property values, higher rates result in lower-than-average annual property tax liabilities for homeowners.