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Iowa Business Leaders Want Tax Cuts, More Incentives

Iowa Business Leaders Want Tax Cuts, More Incentives

Photo: WNAX


The 16 largest chambers of commerce in Iowa are urging legislators to allow state officials to offer cash rather than just tax incentives when trying to lure new business to the state. The Iowa Chamber Alliance is also advocating tax cuts for individuals and corporations as well as incentives to expand broadband access in Iowa. Iowa Chamber Alliance executive director John Stineman admits those goals may be out of reach in 2016 as legislators struggle with a tight state budget….
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Chris McGowan (muh-GOW-un), president of the Siouxland Chamber of Commerce, says Iowa’s corporate income tax is “among the highest” in the country and Iowa’s personal income tax is overly complicated….
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The Iowa Chamber Alliance is calling for a “comprehensive study” of Iowa’s workforce to identify problems and solutions.

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