$8.744 Billion General Fund Revenue – March 31, 2019

$8.744 Billion General Fund Revenue – March 31, 2019

The State budget consists of a multitude of taxes, user fees, federal receipts, interest earnings, and revenues from numerous fines and other miscellaneous sources. For Fiscal Year 2016, the state’s total revenue collected was $23.715 billion or $7,573 for every Iowan. All taxes and fees collected by the state are direct …

Out-of-Control Spending Highlights Need for Fiscal Sanity

Out-of-Control Spending Highlights Need for Fiscal Sanity

Lobster tail, crab, booze, and a foosball table were purchased in the Federal Government’s use-it-or-lose-it spending spree. Senator Joni Ernst (R-IA) won election to the United States Senate for promising to make the federal government “squeal.” The reference is in response to the out-of-control spending that has plagued the federal …

Why Are Hair Salons and Ice Cream Shops Overregulated?

Why Are Hair Salons and Ice Cream Shops Overregulated?

Arizona is a national leader in occupational licensing reform and creating an environment where everyone can work and earn a living.  States are in fierce competition to attract new citizens. Those with low tax rates are already proving that tax rates matter, while states with higher rates are experiencing an …

Does Your State Have Medicaid Fraud and Payment Errors?

Does Your State Have Medicaid Fraud and Payment Errors?

Taxpayer dollars lost to waste, fraud, or abuse are dollars that cannot fund services for those who truly need the services.   Beth Wood, who serves as North Carolina State Auditor, reported the “state Department of Health and Human Services improperly paid more than $100 million in Medicaid claims during fiscal year …

Minimum Wage Hikes Result in Unintended Consequences

Minimum Wage Hikes Result in Unintended Consequences

Unfortunately, for many young and low skilled workers, raising the minimum wage actually results in lowering their wage to $0 because they will no longer have the legal opportunity to sell their labor to provide for themselves. Guest Column By Christina Herrin As presidential candidate hopefuls make their trek to …

Arizona is Promoting Economic Liberty Through Occupational Licensing Reform

Arizona is Promoting Economic Liberty Through Occupational Licensing Reform

The Right to Earn a Living Act, along with additional occupational licensing reform, will reduce barriers to the workforce and create economic opportunity and liberty.    “Just because somebody packs up that moving van in Chicago, Illinois, they don’t lose their skills on the way to the state of Arizona. …

What States Can Learn from Colorado’s Taxpayer Bill of Rights (TABOR)

What States Can Learn from Colorado’s Taxpayer Bill of Rights (TABOR)

Constitutional spending limits are an effective means to control the growth of spending and protect the interests of taxpayers. Other states can learn a lesson from Colorado. Some will be disappointed this lesson is not about  the legalization of marijuana, but rather Colorado’s Taxpayer’s Bill of Rights or TABOR. In …

What’s My Tax Calculator

What’s My Tax Calculator

Keeping track of what you pay in income, property, sales, and excise taxes is nearly impossible. We make it easy! TEF Iowa is building a What’s My Tax Calculator. When completed, you will quickly be able to you’ll see exactly how much Iowa costs you.

The CON is Up: Time for More Freedom in Iowa’s Health Care Market

The CON is Up: Time for More Freedom in Iowa’s Health Care Market

Certificate of Need laws not only prevent competition but work to limit health care services and increase medical costs for Iowans. The purpose of a Certificate of Need (CON) law is to regulate (limit) health care supply unless a need is determined by a state government agency or board. When …