Iowa Lawmakers Prioritize Property Tax Reform in 2025

In France, the property tax (taxe foncière) is expected to rise by at least 1.7% in 2025, a decrease from the previous years' increases of 7.1% and 3.9%. This change is linked to the inflation rate of 1.7% over the past year, as reported by INSEE, though local authorities may implement additional surcharges. Meanwhile, in Iowa, state lawmakers are preparing for the 2025 legislative session, where property tax reform is a primary concern following significant increases that have burdened homeowners and businesses. Leaders from both parties agree on the need for reform, with Republicans aiming to cap levy rates, potentially saving taxpayers $100 million. However, local officials warn that limiting property taxes could hinder funding for essential community services. As discussions unfold, both regions highlight the pressing need for balanced tax reforms amidst rising living costs.