Minimum Wage Hikes Result in Unintended Consequences

Minimum Wage Hikes Result in Unintended Consequences

Unfortunately, for many young and low skilled workers, raising the minimum wage actually results in lowering their wage to $0 because they will no longer have the legal opportunity to sell their labor to provide for themselves. Guest Column By Christina Herrin As presidential candidate hopefuls make their trek to …

The Failure of Progressive “Blue State” Economics

Progressives in Iowa are arguing that both Governor Kim Reynolds and the Senate Republican tax reform proposals would lead Iowa into a fiscal “train wreck.” Iowa Democrats have said if Republicans in the legislature lower tax rates the result will be a budget disaster similar to what occurred in Kansas. …

An Unfortunate Milestone: Our National Debt Has Reached $21 Trillion

“Blessed are the young, for they shall inherit the national debt,” stated President Herbert Hoover. Once again, the nation hit a record as our national debt has risen to $21 trillion. This does not include the trillions in unfunded liabilities from entitlement programs such as Social Security, Medicare, and Medicaid. …

Reducing Government Spending: It Can Be Done

The state of Iowa is facing a tight budget. Although revenues at this time are not declining, Iowa’s revenues continue to be lower than projected. Some of the factors contributing to this include a decline in Iowa’s agricultural economy and the increasing consumer behavior of online purchases where sales taxes …

Lowering Rates is a Positive Trend in State Taxation

Several states are moving in the direction of lowering their tax rates to create economic growth. The trend among many states has been to lower both individual and corporate income taxes as well as business and property taxes. In 2016 several states cut taxes and many of those states were …