Iowa House bill would claw back Deere's tax credits due to layoffs - Radio Iowa
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2 Articles
Iowa House bill would claw back Deere's tax credits due to layoffs - Radio Iowa
Republicans on an Iowa House Subcommittee have voted to require that Deere & Co. return half of the lucrative state tax credit it received for research activities in 2024, due to what the bill describes as “mass layoffs.” President Trump has threatened to slap tariffs on John Deere products if the company moves more production […]
Bill seeks to penalize Deere for 2024 layoffs
(Radio Iowa) – Republicans on an Iowa House Subcommittee have voted to require that Deere and Company return half of the lucrative state tax credit it received for research activities in 2024 — due to what the bill describes as “mass layoffs.” President Trump threatened to slap tariffs on John Deere products if the company move more production to Mexico and Republican Representative Derek Wulf of Hudson suggests the bill fits with Trump’s agenda…
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