Iowa Tax Cuts

Most Iowans can expect to see savings from $2.8 billion in income tax cuts awaiting Iowa Gov. Kim Reynold’s signature. The tax cuts funnel money to the highest-earning Iowans and give a boost to businesses, but 93% of middle-class families will see some savings as well. A typical family of four would save about $7 per paycheck. Middle-class families in Iowa can expect to see cuts between $86 and $257 next year.