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“Governor Kim Reynolds has been a dedicated tax cutter and lean budgeter since taking office in 2017. She has restrained spending growth, which has generated large surpluses and budget reserves, while allowing for major individual and business tax reforms. Iowa residents will enjoy simpler and lower income taxes and businesses will be more competitive. This, combined with her abolition of the state’s inheritance tax has earned her the #1 spot on this year’s report card.” – Office of the Governor of Iowa Kim Reynolds, October 12, 2022
“Five governors receive a grade of A: Kim Reynolds of Iowa, Chris Sununu of New Hampshire, Pete Ricketts of Nebraska, Brad Little of Idaho, and Doug Ducey of Arizona. Eight governors receive an F: Tim Walz of Minnesota, Tom Wolf of Pennsylvania, J. B. Pritzker of Illinois, Gretchen Whitmer of Michigan, Phil Murphy of New Jersey, Kate Brown of Oregon, Gavin Newsom of California, and Jay Inslee of Washington.” – The Cato Institute, October 12, 2022
“When Governor Reynolds took office, Iowa had the 6th highest income-tax rate in the nation at almost 9 percent. Now, after three historic tax reform packages, the most recent in March of this year, Iowa is set to be fourth lowest at 3.9 percent. Governor Reynolds’ tax reform law eliminates taxes on retirement income, starting in 2023 and reforms Iowa’s corporate tax rate. Governor Reynolds signed the tax bill on March 1 which will save Iowa taxpayers $1.9 billion a year, and couple that with all the tax cuts she’s signed into law as Governor, a total savings of nearly $3 billion per year.” – Office of the Governor of Iowa Kim Reynolds, October 12, 2022
“The average taxpayer will receive a 13 percent income tax reduction, saving families $350 a year.” – Office of the Governor Doug Ducey, September 29, 2022
“This permanent tax cut will put hundreds of dollars in the pockets of the average South Dakota family.” – Fox News, September 28, 2022
“Growth means families have more money in their pockets, more people can work in highly paid jobs and more businesses can invest in their future. It provides more money to fund our public services, like schools, the NHS and the police.” – Fox News, September 25, 2022
“The IRS continually fails to deliver basic customer service to taxpayers. Rather than improving those services, Democrats have prioritized doubling the size of the agency in order to raise revenue to help pay for their reckless and partisan tax-and-spending spree.” – John Thune, U.S. Senator for South Dakota, September 13, 2022
“The Heritage Foundation’s Budget Blueprint is the only comprehensive federal budget proposal of its kind, and offers a way out of this economic nightmare. It includes 230 specific policy reforms to roll back excessive government spending, prioritize taxpayer dollars, reform major entitlement programs to better work for Americans, restore federalism, promote opportunity for all, and protect rights and American values.” – The Heritage Foundation, September 6, 2022
HB 1, signed into law by Gov. Little just minutes after the Senate adjourned, moves Idaho to a flat 5.8% personal income tax. The Gem State currently has a progressive tax code with four brackets and a top rate of 6% that kicks in at less than $8,000 in annual income.” – Americans for Tax Reform, September 2, 2022