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State Policy Leadership Forum with Special Guest Governor Kim Reynolds

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State Policy Leadership Forum with Special Guest Governor Kim Reynolds
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      Cato Institute, 1000 Massachusetts Ave, NW, Washington, DC
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      Featuring
      Governor Kim Reynolds New
      Governor Kim Reynolds

      (R‑IA)

      Kilts Family Chair in Fiscal Studies, Cato Institute and Editor, Down​siz​ing​Gov​ern​ment​.org

      The Cato Institute is pleased to welcome Iowa governor Kim Reynolds this Friday, February 10, from 11 AM–noon for a panel discussion with Chris Edwards, Kilts Family Chair in Fiscal Studies and primary author of the Fiscal Policy Report Card on America’s Governors, and Neal McCluskey, the director of Cato’s Center for Educational Freedom.

      Governor Reynolds received the highest score on the Report Card in 2022. She has been a lean budgeter and dedicated tax reformer since entering office in 2017. She slashed the Iowa corporate income tax from 9.8 percent to 5.5 percent, and she transformed the individual income tax from a nine‐​bracket system with a top rate of 8.98 percent to a 3.9 percent flat tax.

      Edwards and the governor will cover the importance of tax reform in today’s competitive economy and the challenges of restraining spending, and balancing an annual state budget. McCluskey and the governor will discuss education policy and school choice.

      Luncheon to follow

      Fiscal Policy Report Card on America's Governors 2022 - cover
      Featured Study

      Fiscal Policy Report Card on Americas Governors 2022

      The nation’s economy was damaged by the pandemic in 2020, but it bounced back strongly and grew until the end of 2021. The rebound generated a large tax revenue increase for state governments, which also received a flood of pandemic aid from the federal government. The states used soaring revenues to expand their budgets and provide individuals and businesses with temporary or permanent tax cuts.