This afternoon, GOP Governor Kim Reynolds delivered on her promise of major tax reform, signing into law the largest tax cut in Iowa history.
As Radio Iowa reports:
Governor Kim Reynolds is signing a bill into law this afternoon that’s designed to eventually cut Iowans’ income taxes by about $400 million a year.
“Generational tax reform — I’m really excited about that,” Reynolds said during an interview with Radio Iowa this morning.
The bill would cut individual income taxes by an average of 10 percent in 2019.