Federal Deductibility

In case you have not been paying attention to the recent legislation going through the Iowa State House, top Democrats are on their way to a backdoor tax increase on you, me, your neighbors, and every business in Iowa. There is no doubt in my mind that most Democrats support this bill as well as my own representative Beth Wessel-Kroeschell. They want to eliminate the ability of Iowans to deduct the tax money they pay to the federal government from their state tax return. This flies in the face of down-home, common sense values that are the backbone of Iowa. There are many states that allow for this type of deduction and it just makes sense. This is just another step for the Democrats to take to being able to gather as much as possible from you and me to feed their spending addiction. If this bill gets passed it essentially means that you will be paying a tax on a tax. It won’t be long before they also repeal your ability to deduct your property taxes from your state income taxes.

I have been told many times now that the state of Iowa is in a budget crunch. The problem there is that it is only has a spending problem NOT a revenue problem. The way to fix a budget gap is not to raise taxes on hard working people that are just trying to get by and may already be in a crunch themselves. The way to fix this problem is to live within your means and go through and cut spending on projects and institutions that are not necessary. I know I am getting fed up with the way that our state government is starting to view us Iowans (cash machines) and if things don’t shape up I know there are multiple states that treat its citizens like people and strive to keep the tax rates low. I applaud our legislatures that have come out against this bill. I am ashamed of the primarily Democrat legislatures that have support this bill. If you would like to contact your representative you can contact them here.

-The Weasel Watcher

P.S. If you are reading this in time join us at the State Capitol Building on Tuesday March 31st for a hearing on the issue that starts at 6:30pm. The Democrats will be filling the hall with a bunch of their cronies to act like it has support. Lets show them differently.