Terry Branstad on Corporations

	Terry Branstad on Corporations

High commercial property taxes mean higher prices

The inability of Senate Democrats to address commercial property taxes means Iowa will continue to have the 2nd highest commercial property taxes in the nation. It will mean residential taxpayers in this state will see historic increases in their property taxes over the next five years as record prices for commodities will trigger a roll up in residential property taxes. I will not let this issue be pushed aside and will take steps to bring it to the Legislature's attention in the future. Source: 2011 Iowa Gubernatorial press release , Jun 30, 2011

Reduce state corporate income tax from 12% to 6%

This budget make it clear that Iowa is ready for job creation. We all know that small businesses are the engines of our growth. Yet, our small businesses pay an income tax rate that is highest in the nation at 12%. And our small business pay commercial p Source: 2011 Iowa State of the State Address , Jan 27, 2011

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Page last updated: Mar 14, 2021