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Repeal of the Iowa corporation income tax enters the debate

November 27, 2009

One of the candidates for Iowa Governor has proposed a repeal of the state's corporation income tax. Excellent news. It's hard to imagine a worse tax policy than having the highest rate in the nation, but with so many loopholes that it collects a pittance in revenue.

Now if we can just get the rest of the Tax Update Quick and Dirty Iowa Tax Reform Plan into the debate.

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