Recession:
"A period of reduced economic activity, a business cycle contraction."
Consumer confidence index sinks to all time low - February 2009
Here's how Governor Culver wants to simplify Iowa Tax Code: "You Pay"
On a phone press conference today, Culver attempted to explain his position on state tax codes...
It's kind of complicated," Culver said, with a laugh, "and anything we can do to kind of simplify and streamline the tax code I'm for it. It's somewhat outdated in the way it's applied and I think that it might be time to just kind of look and see if we can make ....(the tax code) more straightforward and clear."
What you need to know: Iowa Senate Democrat Leaders have announced their intentions to pass legislation this session that would eliminate federal deductibility this Legislative Session.
Governor Culver, Iowa taxpayers have $600 million reasons to protest your grab for our hard earned tax dollars! Iowans for Tax Relief president Ed Failor, Junior, told Radio Iowa today:
"It's silliness. It'd be a $600 million tax increase on Iowans in a recession....a bad, bad idea."
Agreed - Please contact your legislators and tell them you support federal deductibility. In the midst of a deepening recession and record sized state budgets, this is the wrong way to govern our state!
Comments