by Rod Boashart, The Gazette
DES MOINES — Gov. Kim Reynolds unveiled a significant tax reform package Tuesday that seeks to cut Iowans personal income taxes by $1.7 billion over six years, revamp rates by phasing out federal deductibility and equalize sales tax collections by treating Main Street and online businesses alike.
Calling her plan the “most significant tax reform package in decades,” Reynolds said the plan she is proposing to the Legislature will provide immediate relief to middle-class workers, small-business owners, farmers, families and teachers across Iowa. She said the plan, which starts in tax year 2019, is “making good” on the commitment she made in her swearing-in address last May and again in her Condition of the State address in January.
