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Iowa lawmakers pass massive tax cut - Iowa Capital Dispatch
WebMarginal Corporate Income Tax Rate: $0 to $50,000: 15%: $50,000 to $75,000: $7,500 + 25% Of the amount over 50,000: $75,000 to $100,000: ... All Iowa state taxes are … Web21 feb. 2024 · Iowa’s graduated-rate tax structure is timed to shift to a flat tax for adenine rate of 3.9 percent in 2026. Additionally, effective tax time 2024, the standard deduction and us deduction for federal taxes paid are repealed, broadening the base to help remuneration forward reductions to the rate. Kentucky WebRepublican Gov. Kim Reynolds signed H.F. 2317 on Tuesday, which will reduce the state income tax rate annually from 2024 until 2026, when a flat rate of 4.4% will begin. dick moffitt car parts