25 February 2009

Alliant Energy, City Water rates... increasing, so will Iowa State Income Taxes be next?

Take a look at the Wednesday, February 25, Radio Iowa article titled, "Democrats suggest massive tax overhaul a possibility." For more on taxes issue, read the Public Interest Institute article: "No Income Tax: The Key to Economic Growth."

We face a very challenging recession, property taxes are expected to increase. Voters in Cedar Rapids and Linn County will vote on March 3Rd to raise their sales tax by one percent. Now, it appears the State of Iowa is going to look to raise state income taxes.

Economic development and job creation in the State of Iowa may find the road tougher and tougher in the private sector. Commercial and industrial property taxes are already hit hard in the State of Iowa.

peace

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