Exclusive: First look at a costly, regressive Iowa Republican tax plan

Iowa Republican senators are considering a proposal to reduce individual and corporate tax rates and eventually phase out the state’s already-limited inheritance tax. The plan would increase revenue by making more goods and services subject to the sales tax, but those provisions would be difficult to move through the legislature, and even if enacted, would replace a small fraction of the money our cash-strapped state stands to lose from the tax cuts.

Governor Kim Reynolds told journalists this week she won’t reveal specifics about her tax plan–a top priority for 2018–until she delivers her Condition of the State address on January 9. She indicated she is waiting to see how Congress amends the federal tax code.

However, Senate GOP lawmakers and staff have received a detailed set of proposals for review. Bleeding Heartland obtained a lengthy memo describing “the tax reform plan prepared for the Governor’s Office” and estimating the fiscal impact of those changes. As with pending GOP legislation at the federal level, the largest benefits would flow to the wealthiest Iowans.

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Kim Reynolds should have made one clean break from Terry Branstad

Governor Kim Reynolds made a strategic error by not distinguishing herself from her predecessor in any meaningful way, judging by the new Iowa poll by Selzer & Co for the Des Moines Register and Mediacom.

Changing course on even one high-profile policy could have demonstrated strong critical thinking and leadership skills. Instead, Reynolds is in effect running for a seventh Terry Branstad term. Unfortunately for her, Iowans are inclined to think it’s “time for someone new” in the governor’s office.

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"Make America America again": photos, highlights from Iowa Democrats' fall gala

Everyone could have guessed Alec Baldwin would get Iowa Democrats laughing with jokes at President Donald Trump’s expense.

But who would have predicted the serious part of the actor’s speech would evoke an even stronger response from the crowd?

Follow me after the jump for audio and highlights from Baldwin’s remarks and those of the seven Democratic candidates for governor, along with Stefanie Running‘s photographs from a memorable evening in Des Moines.

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Jim Carlin to face Todd Wendt in Iowa Senate district 3

Either Republican State Representative Jim Carlin or Democrat Todd Wendt will succeed Bill Anderson in Iowa Senate district 3 following a special election on December 12. I enclose below background on both candidates and the political layout of this district, covering most of Plymouth County and a large area in Woodbury County, including neighborhoods on the south side of Sioux City.

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"We have to wake the watchdog up": Why Rob Sand's running for state auditor

The state auditor of Iowa is not a “sexy office,” former Assistant Attorney General Rob Sand told me earlier this fall. “But it’s a huge opportunity for public service, because I think that the way that it’s run right now, there’s a lot of low-hanging fruit for improvement.”

Sand kicked off his candidacy this morning with a website and Facebook page. He’s been tweeting for some time at @RobSandIA. His opening video is here. At the end of this post I’ve enclosed Sand’s campaign committee, including activists and elected officials from many parts of the state as well as Iowa Attorney General Tom Miller and former Attorney General Bonnie Campbell.

Sand discussed with Bleeding Heartland how he would approach the job and why he is running against Republican incumbent Mary Mosiman, a certified public accountant who has served as state auditor since 2013. Although this office is not the obvious choice for an attorney, Sand considers his experience prosecuting white-collar crime “my biggest qualification” and a key reason he could improve on Mosiman’s work. Moreover, he’s not afraid to call out a “historically irresponsible” state budget.

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State treasurer questions legality of planned budget fix

Governor Kim Reynolds’ plan to transfer $13 million from the Iowa Economic Emergency Fund to balance the fiscal year 2017 budget “would not be in compliance with Iowa law,” according to a letter State Treasurer Michael Fitzgerald sent to the governor today.

If his interpretation is correct, then a special legislative session will be required to cover the year-end shortfall. Reynolds’ staff dismissed and mocked Fitzgerald’s concerns.

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