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November 2012 - Volume 20, Number 4

   

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State Tax Revenue Continues to Grow

 

In reviewing the Iowa Revenue Estimating Conference reports, it becomes apparent that though Governor Branstad and the Iowa House of Representatives have done a good job balancing the state budget, they have not addressed the continuing growth in tax revenues. The graph shows a clear trend of increasing money coming from taxpayers to government, especially in FY2011 and 2012. Wonder if FY2013 will be any different?

 

 

IOWA ECONOMIC SCORECARD is our quarterly economic forecast, arriving in February, May, August,
and November. It consists of statistics about and analysis of the Iowa economy.

 

IOWA ECONOMIC SCORECARD is published by Public Interest Institute at Iowa Wesleyan College, a
nonpartisan, nonprofit, research and educational institute whose activities are supported by contributions from private individuals, corporations, companies, and foundations. The Institute does not accept government grants.

 

Contributions are tax-deductible under sections 501(c)(3) and 170 of the Internal Revenue Code.

 

Permission to reprint or copy in whole or part is granted, provided a version of this credit line is used: “Reprinted by permission from IOWA ECONOMIC SCORECARD, a quarterly newsletter of Public Interest Institute.” The views expressed in this publication are not necessarily those of Public Interest Institute. They are brought to you in the interest of a better-informed citizenry because IDEAS DO MATTER.

 

   

 

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