Iowa once again rates very poorly in the annual Tax Climate Index released by the Tax Foundation.  Iowa ranks 46th (5th-worst) in business tax climate, and 42nd (9th-worst) in individual income tax climate.

Iowa has the highest top corporate tax rate in the nation (at 12%) and a complex system of corporate taxation overall.  On the individual side, Iowa ranks low because of high rates and complexity.

This should come as no surprise to anyone who has dealt with filing an Iowa tax return.  You can read the full report here.