• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Outdoors / Iowa Policy Project calls for hiking tax credits if sales tax increased

Iowa Policy Project calls for hiking tax credits if sales tax increased

July 2, 2019 By O. Kay Henderson

Des Moines River

Researchers at an Iowa City-based think tank say policy-makers should consider how raising the state sales tax to finance water quality projects would impact low-income Iowans.

“Sometimes that’s being left out of the equation and we think that we can improve the environment in Iowa and make sure that low-income families are not being disproportionately impacted,” said Natalie Veldhouse, a researcher for the Iowa Policy Project.

If state officials hike the sales tax by one percent to raise money for water quality improvements, the Iowa Policy Project proposes raising tax credits that benefit the working poor and low income renters. David Osterberg, lead author of the Iowa Policy Project report released today, supports increasing the sales tax.

“We need more funding for water quality,” Osterberg said. “Water quality needs help in the state of Iowa, but how we do that matters.”

According to Osterberg’s calculations, the poorest two-fifths of Iowans would pay an extra 124 dollars per year if the sales tax goes up one percent. He said boosting the state Earned Income Tax Credit and a renters’ credit would help offset that.

In 2010, Iowa voters approved a new state trust fund exclusively for water and land conservation as well as outdoor recreation, but legislators have balked at increasing the state sales tax to fill the account.

Share this:

  • Facebook
  • Twitter

Filed Under: News, Outdoors, Politics / Govt Tagged With: Taxes

Featured Stories

DOT plow crews struggling against blizzard conditions

Iowa delegation breaks along party lines on Trump impeachment vote

Two northeast Iowa men admit to illegally harvesting ginseng

Do you have to pay tax on your stimulus check?

All six in Iowa’s congressional delegation confirm Electoral College results

TwitterFacebook
Tweets by RadioIowa

Iowa State-Kansas postponed

Iowa-Michigan State postponed

Fire damage to Riverfront Stadium electrical system will cost Waterloo thousands

Iowa State at Kansas State postponed

Iowa State’s Foster to miss remainder of the season

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2021 ยท Learfield News & Ag, LLC