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Eliminate Corporate Income Tax
Posted by Iowa Republican on 1/22/10 12:40 PM

Republican gubernatorial candidate Rod Roberts filed a bill today in the Iowa House of Representatives to eliminate the state corporate income tax. Over the past several months of his gubernatorial campaign, Roberts has pledged to work toward eliminating the tax. Filing the bill in the Iowa House marks the first step toward the tax’s elimination.

Roberts says eliminating the state corporate income tax is necessary to solve Iowa’s job-loss crisis.

Iowa’s unemployment rate of 6.7% is one of the state’s highest unemployment rates in 20 years, and over 110, 000 Iowans are currently out of work. To make matters worse, John Morrell & Co. announced yesterday that it will be closing its plant in Sioux City. The closure will result in the loss of 1, 450 more jobs.

More: http://theiowarepublican.com/home/2010/01/22/.../

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