Also, the new Iowa state income tax rates for 2023 are set
The Rotunda of the Iowa State Capitol in Des Moines (The Gazette)
Gov. Kim Reynolds has named Jacob Nicholson as the new chief operating officer of her office staff, the governor’s office announced Monday.
Nicholson replaces Taryn Frideres, who was recently named Reynolds’ new chief of staff.
The changes will take effect on December 1st.
Nicholson, a Slater native and Iowa State University graduate, previously worked for the Iowa Department of Homeland Security and Emergency Management.
During that tenure, “He worked very closely with all state agencies and will continue to nurture those relationships to ensure we are providing the best possible service to Iowa residents that they deserve,” he said in a press release.
Reynolds said her office has worked closely with Nicholson over the past few years to study the state’s responses to major events such as the COVID-19 pandemic, the 2020 derecho and the severe flooding of southwest Iowa in 2019.
“He has proven to be a strong leader during our state’s most challenging times, and I know his deep knowledge and experience will make him a great asset to the people of Iowa,” Reynolds said in the press release.
New tax rates
There will be four rates for state income taxes in 2023 as a result of recent changes in state law, the state Department of Revenue announced.
In 2023, the following tax rates apply to married taxpayers filing jointly:
- 4.4 percent for those earning less than $12,000.
- 4.82 percent on income between $12,000 and $60,000.
- 5.7 percent on incomes between $60,000 and $150,000.
- 6 percent on income over $150,000.
For taxpayers filing individually, the following rates apply:
- 4.4 percent for those earning less than $6,000.
- 4.82 percent on income between $6,000 and $30,000.
- 5.7 percent on income between $30,000 and $75,000.
- 6 percent on income over $75,000.
As part of the changes, the standard deduction will no longer apply.
$2 million lottery winner
Tamara Sheehan of Forest City won a $2 million Powerball prize from the Iowa Lottery on Friday, the lottery announced Monday.
Sheehan’s winning ticket was the sixth prize of at least $1 million won in Iowa during the Powerball jackpot run, which culminated in a world-record $2.04 billion draw on Nov. 7, the lottery said. A seventh $1 million winner remains unclaimed, the lottery said.
Sheehan bought her winning ticket from a Casey’s in Forest City, which received a $2,000 bonus for selling the ticket. Sheehan’s winnings are from the October 10th drawing.
“We’re going to use it to invest and we’re going to do some travel,” Sheehan told the Iowa Lottery. “It makes everything easier.”
Gazette Des Moines Bureau