State Revenue Estimation Commission Predicts Higher Revenue Receipts For Iowa – Carlin Says Tax Cuts Should Start Immediately
(Des Moines, IA) — A state panel predicts tax revenue for the State of Iowa will continue to grow at a steady clip. State budget director, Michael Bousselot, says the steadiness and persistence of Iowa’s economy means a little less rocky of that path going forward than what other states might face.
The projections suggest total tax receipts for the state will be three-point-eight percent higher in the next fiscal year, which starts July 1st.
The following year, the panel estimates tax collections will grow by four-and-a-half percent. Governor Kim Reynolds says it means legislators can eliminate tax revenue benchmarks and let a series of state income tax cuts take effect more quickly. Republican State Senator Jim Carlin of Sioux City
believes the legislature should act quickly to remove any of the pre-existing benchmarks, and begin looking at immediate tax cuts.
Carlin Explains Reasons Why He Is Seeking U-S Senate Seat
(Merrill) — Saturday, was the first opportunity KLEM news had to visit with State Senator Jim Carlin since he announced his intentions of running for the U-S Senate seat that is currently being held by fellow Republican Chuck Grassley. Carlin was asked if he wants to challenge Grassley, or if he thought perhaps Grassley would not seek another term, and therefore he, Carlin, could get a jump on any other candidates considering of running for the U-S Senate seat?
Carlin is perhaps better known in northwest Iowa, and even more so in Sioux City, so what is his strategy to have his name become familiar in central and eastern Iowa at cities such as Des Moines, Cedar Rapids, Waterloo/Cedar Falls, Dubuque and Davenport?
Last week the Des Moines Register newspaper, along with Mediacom cable television conducted an Iowa poll asking the question as to whether or not Grassley should run again for an eighth term in the U-S Senate? The results of that survey indicated even a majority of Republicans believed Grassley
should retire, and allow another person to pursue the race for Senate. The main reason given was because of Grassley’s age. Grassley is currently 87 years old. If the the Senator runs again and wins, he would be 94 at the conclusion of the next term. Carlin believes the results of the opinion poll spells good news for his campaign for the U-S Senate seat.
Carlin says if there is a primary race between himself and Senator Chuck Grassley, he expects it to be an expensive campaign.
Senator Grassley has said he would make a formal announcement relating to his decision sometime during the autumn of this year.