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Federal deductibility tough for economic development

Posted: May 6, 2009 @ 5:44 am In Today's Local News

Economic development officials say Iowa sometimes gets a bad wrap because they say taxes look higher than they are. Ed Raber, with the Washington Economic Development Group, says since businesses and individuals can claim federal taxes as a state deduction, it often makes Iowa's tax rate look high, and might scare away potential businesses.

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