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Iowa tax incentive overhaul: Eliminate some and grow others

Summary by Dispatch Argus
Some state tax incentive programs to encourage economic development would be eliminated, others would be boosted and new incentives would be created under a proposed overhaul of Iowa’s tax credits.

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Iowa tax incentive overhaul: Eliminate some and grow others

Some state tax incentive programs to encourage economic development would be eliminated, others would be boosted and new incentives would be created under a proposed overhaul of Iowa’s tax credits.

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How the Tax Cuts and Jobs Act is Helping Iowa

Below is a continuously updated list of good news arising from the Tax Cuts and Jobs Act enacted by President Trump and congressional Republicans in 2017, and which now must be made permanent. The average annual TCJA tax cut for Iowa households is $1,423. ACCORDING TO OFFICIAL IRS DATA, TCJA PROVIDED: 19% tax cut for Iowans making between $25k – $50k.  18% tax cut for Iowans making between $50k – $75k. 18% tax cut for Iowans making between $75k …

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atr.org broke the news in on Thursday, March 27, 2025.
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