Iowa Property Tax Basics

Iowa's property tax system is not only expensive, it is incredibly complicated as well. Assessments, millage rates, equalization, rollbacks, and the ag-tie - what does it all mean? Chris, John and Sarah are here to help makes some sense out of how we calculate property taxes in Iowa.  More importantly, how does this inform the conversation about how to reform Iowa property taxes? Should the system be simplified or changed, and is that enough? Regular listeners can probably guess at our main conclusion: Iowa has too much government, and real property tax relief should begin with limiting what local governments can spend.