Iam not a fan of our high property tax rate and want clear brakes in place on its growth. I know I am not alone; property tax relief is the priority and a promise of the Republican caucus who has supermajority control of our next legislative session.
State leaders started working publicly on a revision of Iowa’s overly complicated property tax system last legislative session and, while nowhere near done, they were able to float some ideas and receive feedback. Here is the important thing to keep in mind about property tax – it is a local tax that pays for school, town and county costs of doing business. In other words, if the state accomplishes a legislative overhaul of our property tax that leads to relief for our bank accounts, they also have to be careful to do so in way that does not