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Branstad and GOP agree on plan to cut commercial taxes
Gov. Branstad and House Republicans back House Study Bill 519 to cut commercial property taxes by 40 percent over eight years and provide 240 million to offset local government cuts. The plan limits residential and agricultural value growth, links spending to inflation, and increases K-12 aid. Democrat critics say it raises residential taxes and benefits out of state firms.
MENTIONED IN THIS ARTICLE
Andrew Duffelmeyer
Associated Press
Des Moines
Terry Branstad
House
Ways and Means
Tom
Sands
Wapello
Belkcom
Dave Jacoby
Coralville
Jacoby