The steady growth of new homes in north Bettendorf and Pleasant Valley – plus the escalating value of existing residential property in the city – generate healthy annual increases for city coffers to fund the ever-increasing cost of additional employees, higher salaries, health and retirement benefits and debt service.
Iowa's most vocal anti-tax group – Iowans for Tax Relief – lives off a charitable endowment worth $48 million that pays zero state or federal tax on its annual investment income of just over $2 million.
The non-profit organization – Tax Education Support Organization – was set up by... more
