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CENTRAL IOWA GETS TO SUBSIDIZE MICROSOFT
July 03, 2008
Microsoft is taking up Iowa's offer of bribes tax preferences to build a server farm in the Des Moines area. The exact site hasn't been determined, but:
Microsoft has said it must have a good supply of energy, water, workers and certain fiber optics.
So if Iowa has everything Microsoft needs in the way of power, water, workers and fiber, it's a bitter indictment of Iowa's property tax system if they practically have to repeal it for Microsoft to get them to even locate a server farm here. Oh, and they get a big sales tax exemption too. And what about all of the businesses that have been here for years and have to continue to pay their full load of taxes so Microsoft doesn't have to? Too bad, suckers!
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