Iowa voters approved Amendment 1 on Nov. 3, adding a rule to the state constitution that a bill raising income tax rates needs two-thirds of the members elected to each house of the legislature. Unofficial results show 56.25% voting yes, 686,939 votes to 534,258, with every precinct reporting. Until now a simple majority has been enough.
The amendment creates a new Article XIII. It covers bills that raise individual or corporate income tax rates, raise the rate of another income-based tax or of the legal and special reserves tax, or create a new state tax on income or legal and special reserves. Taxes imposed at a local government’s option are left out…