Gov. Kim Reynolds in her Condition of the State address emphasized the importance of finally addressing Iowa’s high property tax burden. The demand for property tax reform surpasses the rural, urban, and socioeconomic divide. High property taxes impact all Iowa taxpayers.
“Whether you live in a small town, growing suburb, or an urban neighborhood, you’ve probably felt it. Property taxes are rising faster than inflation, faster than paychecks, and faster than population growth,” stated Governor Reynolds.
The governor noted that “over the last two years, they’ve gone up more than 10%.” However, this has been a problem that has only accelerated. Over the past 20 years, property taxes in Iowa have increased by over 107%, which exceeds the growth of inflation and population…