DES MOINES, IOWA (December 13, 2021) — Governor Kim Reynolds has released the following statement today in response to the Revenue Estimating Conference December projections:
“The December REC forecast again confirms a significant overcollection of Iowa taxpayer funds and we are going to give that money back,” said Gov Reynolds. “Iowa’s economy continues to show very positive signs of growth. I will continue to fight to return these funds to the hands of hardworking Iowa tax-payers and explore significant tax-cuts this legislative session that will make Iowa one of the most competitive states in the country. This overcollection of taxes is unethical and it must end.”