Iowa pays lower taxes than most other Midwest states - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa pays lower taxes than most other Midwest states

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WATERLOO (KWWL) -- You're paying lower taxes in Iowa than in most other Midwest states.

According to a new study, Iowa is below the national average, with Iowans paying 10.4 percent of their income.

The rest of the country paying 10.9 percent. The only other Midwest states that were lower than Iowa were Missouri and South Dakota.

According to the report, based on the 2008 budget year, if Iowa taxed at the same rate as the national average, there's be an additional $532 million dollars available in state spending.

Online Anchor: Sunny Layne

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