This requires a 2/3 majority for the state to raise personal and corporate income taxes WAUKEE, Iowa —Iowa voters approved Constitutional Amendment 1, which will require a two-thirds majority in both chambers of the state Legislature to raise individual or corporate income taxes.The Associated Press called the result around 5 p.m. Wednesday. With 98% of votes counted, 56.3% voted yes, and 43.7% voted no. KCCI is monitoring the results here:“I think plainly Iowans feel like the...
This requires a 2/3 majority for the state to raise personal and corporate income taxes
WAUKEE, Iowa —
Iowa voters approved Constitutional Amendment 1, which will require a two-thirds majority in both chambers of the state Legislature to raise individual or corporate income taxes.
The Associated Press called the result around 5 p.m. Wednesday. With 98% of votes counted, 56.3% voted yes, and 43.7% voted no. KCCI is monitoring the results here:
“I think plainly Iowans feel like they are taxed enough already and don’t want to pay any more,” said Chris Hagenow, president of Iowans for Tax Relief.
The group, which advocates for lower taxes and less government spending, urged voters to support the amendment.
“It’ll be interesting to see, from a governance standpoint, what message the Legislature takes from this,” Hagenow said.
The amendment’s passage comes as multiple Democratic candidates won races across Iowa. It also received strong support in urban Polk County, Hagenow said, reflecting support across the political spectrum for making tax increases harder to pass.
“There are a lot of people across the political spectrum that agree with the premise that it should be harder to raise taxes,” he said.
Common Good Iowa, a research and policy advocacy organization that campaigned against the amendment, said the change could make it harder for the state to raise taxes on wealthy Iowans and profitable corporations.
“Iowa voters said their piece,” said Anne Discher, the organization’s executive director. “And now we will have to deal with the results of the vote, which is going to make it a lot harder to make the wealthiest Iowans and our most profitable corporations pay what they owe toward the things that Iowans are demanding.”
Discher said the state’s new lawmakers will still have to address a billion-dollar budget deficit. She said she wants them to find new revenue sources equitably rather than cut services.
Hagenow said Iowans for Tax Relief will continue looking for ways to save taxpayers money.
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