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DOUBLE-CHUMPING IN THE LEGISLATURE

March 29, 2007

Two bills were introduced that seem designed to make the good Iowans who save to pay for their kids' education and who pay their taxes on time feel like chumps.

Iowa City's Senator Bolkcom, the chief Senate taxwriter, introduced SSB 1334 to allow employers a credit for amounts used to pay their employees student loans. This is supposed to help get kids to stay in Iowa after school. So your kid worked summer jobs, studied hard, and even won a scholarship, while you saved and covered the rest of the tuition so you wouldn't have student loans? Chumps!

Meanwhile, Governor Culver's tax amnesty bill, HSB 298, was introduced in the House Ways and Means Committee. You got behind on your taxes, but you worked hard, lived frugally, and paid off your tax debts and penalties? Chump! says the Governor.

Follow all of the 2007 Iowa tax bills at our 2007 Iowa Tax Legislation page.

 • Eye on the Legislature: 2007       Bookmark: del.icio.us • Digg • reddit