Progressive Taxes and Firm Births

Tax reform proposals in the spirit of the "flat tax" model typically aim to reduce three parameters: the average tax burden, the progressivity of the tax schedule, and the complexity of the tax code. We explore the implications of changes in these three parameters for entrepreneurial activity, measured by counts of firm births. The Swiss fiscal system offers sufficient intra-national variation in tax codes to allow us to estimate such effects with considerable precision. We find that high average taxes and complicated tax codes depress firm birth rates, while tax progressivity per se promotes firm births. The latter result supports the existence of an insurance effect from progressive corporate income taxes for risk averse entrepreneurs. However, implied elasticities with respect to the level and complexity of corporate taxes are an order of magnitude larger than elasticities with respect to the progressivity of tax schedules.

Audit report on the Iowa Water Pollution Control Works Financing Program and the Iowa Drinking Water Facilities Financing Program, joint programs of the Iowa Finance Authority and the Iowa Department of Natural Resources for the year ended June 30, 2012

Audit report on the Iowa Water Pollution Control Works Financing Program and the Iowa Drinking Water Facilities Financing Program, joint programs of the Iowa Finance Authority and the Iowa Department of Natural Resources for the year ended June 30, 2012

Road Safety Audit for IA 28 from the South Corporate Limits of Norwalk in Warren County through the IA 5 Interchange in Polk County, Iowa, November 2012

In response to local concerns, the Iowa Department of Transportation (DOT) requested a road safety audit (RSA) for the IA Highway 28 corridor through the City of Norwalk in Warren County, Iowa, from the south corporate limits of Norwalk through the IA 5 interchange in Polk County, Iowa. The audit included meeting with City staff to discuss concerns, review crash history and operational issues, observe the route under daylight and nighttime conditions, and analyze available data. This report outlines the findings and recommendations of the audit team for addressing the safety concerns and operational matters along this corridor.

Iowa Finance AuthorityPerformance Report, FY2004

Agency Performance Report

Iowa Finance Authority Performance Report, FY2005

Agency Performance Report

Iowa Finance Authority Performance Report, FY2006

Agency Performance Report

Iowa Finance Authority Performance Report, FY2007

Agency Performance Report

Iowa Finance Authority Performance Report, FY2008

Agency Performance Report

Iowa Finance Authority Performance Report, FY2009

Agency Performance Report

Iowa Finance Authority Performance Report, FY2010

Agency Performance Report

Iowa Finance Authority Agency Performance Plan, 2013

Agency Performance Plan

Iowa Finance Authority Agency Performance Plan, 2014

Agency Performance Plan

Iowa Finance Agency, Strategic Plan, 2012-216

This report outlines the strategic plan for Iowa Finance Agency, goals and mission.