KCII » Mid income tax break could entice business » Print

- KCII - http://www.kciiradio.com -

Click here to print.

Mid income tax break could entice business

Posted: April 20, 2009 @ 4:22 am In Today's Local News

A measure that would give middle income Iowans a tax break, but take away the ability to claim federal taxes as a deduction at the state level could draw more business to the state. That news from State Senator Becky Schmitz, who was in Washington Saturday for a legislative briefing. Schmitz, alongside Representative Larry Marek, say the measure would mean a savings for about three-quarters of Iowa's population. Marek says Iowa is one of only a few states left that allow federal deductibility.

Article printed from KCII: http://www.kciiradio.com

URL to article: http://www.kciiradio.com/2009/04/mid-income-tax-break-could-entice-business/

Click here to print.

Copyright © 2009 KCII. All rights reserved.