childcare tax credit

  

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In her condition of the State address this morning, Iowa Gov Kim Reynolds is asking lawmakers to consider increasing the state sales tax by 1 cent to fund increased spending on water quality, the environment, and mental health care programs. 

To offset the tax increase she's proposing an income tax cut of 10% and a property tax cut. 

She would also like to raise the limit for the childcare tax credit from 45 thousand to 90 thousand dollars, and she will ask for unique childcare ideas.

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Iowa Governor Kim Reynolds delivered her condition of the state address this morning at the Iowa State House. Reynolds unveiled the “Invest in Iowa Act”.  The move would increase the sales tax by one percent and lower others.

“I’m proposing to cut income tax by an additional 10 percent for almost every Iowan, with lower-income Iowans receiving as much as a 25 percent cut.” 

Reynolds also proposes reducing county property taxes.  The state would help pick up the cost of mental health services. 

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Lawmakers from Iowa, Nebraska and South Dakota gathered this morning at Western Iowa Tech Community College for the Tri-State Legislative Forum 

Childcare and workforce retention were on the mind of many state and local leaders.  Iowa is often referred to as a childcare “desert.”  Lack of childcare can be a deal-breaker for those who want to take a job in Siouxland.