(Radio Iowa) – House Republicans, Thursday, released a tax plan that uses the governor’s outline for lowering the state income tax to a single rate of four percent and making retirement income tax exempt.  “I’ve been clear that we want to have something that’s part of our tax plan, that’s sustainable as part of our tax plan and something that works without having to raise any taxes. I think we have that bill.” That’s House Speaker Pat Grassley. He expects the plan to be debated in the House soon, but he’s not setting a date.

“The governor’s bill that she proposed — lowering the rates to four percent, addressing the retirement — is a great place for us to get a bill that can move through the process very quickly,” Grassley said. The House G-O-P plan does not include a cut in the corporate tax rate as Governor Reynolds and Republicans in the senate have proposed. Grassley says changing state tax policy toward corporations — including a review of tax breaks — should be a separate conversation — for a separate bill.

“I think our focus has to maintain on addressing the governor’s priority that she laid out for the legislature, which I would say is the retirement (income) and the 4% tax,” Grassley says. Democrats say a flat tax will wind up causing some Iowans to pay more and dramatically reduce the amount of income tax the wealthiest Iowans pay.

As Radio Iowa reported Wednesday, SENATE Republicans not only propose a corporate tax cut, their plan includes a maneuver to supply new funding for water quality and outdoor recreation projects.