Iowa Millionaires The Big Tax Cut Winners Over Middle Class

Iowa Senate Democrats on FB:

Sen. Pam Jochum of Dubuque was on Iowa Press this weekend, pointing out that the math doesn’t add up for hard-working Iowans

  • Iowa’s 3,400 millionaires will see on average about $62,000 a year cut in their taxes or about $1,200 a week.
  • Iowans making between $40,000 and $60,000 a year will see a tax cut of $300 a year. That comes down to $6 a week, a Big Mac.

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