LISTEN: Iowa State Revenue Estimate Won't Trigger Income Tax Cuts

Iowa Public Radio | By Clay Masters,

Katarina Sostaric

Published March 22, 2021 at 12:09 PM CDT

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Is your family budget really like the federal budget? — Iowa's tax revenue is projected to grow by 4 percent next fiscal year.

IPR Morning Edition host Clay Masters discusses what to expect this week in the Iowa legislature with IPR state government reporter Katarina Sostaric.

The state of Iowa’s revenue is projected to be just shy of the growth needed to make more income tax cuts kick in. On Friday, revenue forecasters met and announced an estimate of how much money will flow into state coffers in the next couple of years.

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