A tax-cutting wave is sweeping over America’s states
Conservatives see a fiscal triumph, while critics warn of a looming disaster
Iowa is accustomed to the national political spotlight as the first state that Republican hopefuls vie to win when seeking their party’s nomination for the White House. What is more unusual is that this small midwestern state now also finds itself in the national economic spotlight. For conservative politicians and commentators, Iowa has emerged as America’s tax-cutting champion, a paragon of fiscal responsibility. To critics it looks more like an example of economic recklessness.
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This article appeared in the United States section of the print edition under the headline “Cut chemists”
From the November 4th 2023 edition
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