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Federal deductibility tough for economic development

Posted: Wednesday, May 6th, 2009 at 5:44 am
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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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