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Iowa Public Television ran a half-hour feature about Iowa's 30 or so "economic development" tax credits last night. These credits are getting more attention in the wake of the use of the film credit to buy luxury cars and Ipods for out-of-state film producers.
If you missed it last night, the Iowa Journal feature will be on again tonight at 6:30, and eventually on the IPTV web site. You can catch two clips from the show on the web now. This one is a generic discussion of what a tax credit is, while the other one is tells how Newton, Iowa attracted elements of the already heavily-subsidized wind turbine industry with still more subsidies.
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