December 26, 2020
Des Moines, Iowa Key legislators say the financial toll of the pandemic on Iowa isn’t fully known and it’s best to be prudent when it comes to any state tax changes.
Republican Representative Lee Hein of Monticello is the chairman of the House Ways and Means Committee.
(As above) “I guess I’m kind of in the ‘wait and see mode’ to see what the governor comes with, with her Invest in Iowa,” Hein says, “if she’s going to move that forward or a variation of that.”
Last February, Governor Kim Reynolds unveiled a plan to cut state income taxes by 10 percent and raise the sales tax to find more money for mental health programs and water quality initiatives. Republican Senator Dan Dawson of Council Bluffs, the new chairman of the Senate Ways and Means Committee, agrees that legislators are waiting for a signal from Reynolds.
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