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Fisher votes for small business tax cut

Rep. Dean Fisher (R-Garwin) voted in favor of Senate File 126, a bill which updates Iowa tax code with tax changes made by the federal government last year, resulting in close to $100 million in tax cuts for Iowa small businesses and families.

The bill also includes tax deductions of: up to $250 for out-of-pocket expenses for teachers, tuition and fees deduction for higher education expenses, and deduction for mortgage insurance premiums.

“Small businesses are critical to our Iowa communities,” said Fisher. “They are under enough pressure without rising taxes adding to the burden. I’m pleased to support this bill and will continue to look for ways to strengthen our job creators.”

The bill, which passed the Senate and the House, marks the first bill of the session sent to the governor for his consideration.

Fisher votes for small business tax cut

Rep. Dean Fisher (R-Garwin) voted in favor of Senate File 126, a bill which updates Iowa tax code with tax changes made by the federal government last year, resulting in close to $100 million in tax cuts for Iowa small businesses and families.

The bill also includes tax deductions of: up to $250 for out-of-pocket expenses for teachers, tuition and fees deduction for higher education expenses, and deduction for mortgage insurance premiums.

“Small businesses are critical to our Iowa communities,” said Fisher. “They are under enough pressure without rising taxes adding to the burden. I’m pleased to support this bill and will continue to look for ways to strengthen our job creators.”

The bill, which passed the Senate and the House, marks the first bill of the session sent to the governor for his consideration.