Budget talks split over Supreme Court tax ruling impact
Des Moines budget negotiators confront a potential 37 million loss from a Supreme Court ruling on Iowa's corporate income tax. Democrats favor raising rates on foreign dividend benefiting firms to cover lost revenue, while Republicans and Gov Branstad seek offsets via targeted tax breaks. Senate and House leaders voice skepticism and caution. The ruling could cost Iowa about 8 million annually and may require up to 30 million in refunds if retroactive, with decisions awaited on retroactivity and refunds to eligible firms.
MENTIONED IN THIS ARTICLE
Rod Boshart
Gazette
Des Moines Bureau
Des Moines
U.S. Supreme Court
Iowa
Terry Branstad
David Roederer
Branstad
Senate
Bill Hutchins
D-Audubon
House
Harold van Maanen
Oskaloosa
Midwest
Kraft
Kraft General Foods
State Department of Revenue and Finance
Iowa Supreme Court
Business leaders press for permanent Iowa budget fix
A group of about 21 Iowa business leaders urged Gov. Branstad and lawmakers to seal a lasting budget solution. They call for spending cuts and a 1 percent sales tax rise to balance the budget, with limits on local property taxes and inflation-based levy growth.
MENTIONED IN THIS ARTICLE
Gazette
Des Moines Bureau
Des Moines
Iowa
Terry Branstad
State Appeals Board
Iowa Future
Branstad
Potty Patrol Keeps Steamboat Days Clean in Burlington
Warren Pete Schneider Troy Williams and apprentice Chad Sager clean and sanitize 55 portable toilets daily for Steamboat Days in Burlington. They drive 80 miles from Coal Valley Illinois every morning to service units and face debris needle risks and spillage while maintaining a brisk two hour turnover.
MENTIONED IN THIS ARTICLE
Arlington
Action Services Inc
Warren
Pete” Schneider
Troy Williams
Chad Sager
Burlington
Action Services
Quad Cities
Coal Valley
Ill
Williams
Schneider
Geneseo High School
Sager
Action Service Inc
Horner to lead U S Space Command after Gulf War
Lt Gen Charles Horner former head of the 9th Air Force at Shaw AFB is moving from the Air Force to command the U S Space Command in Colorado. The Davenport native Iowa graduate notes war as moral but says Desert Storm may be his last conflict. he has given 200 plus speeches since returning home.
MENTIONED IN THIS ARTICLE
Sumter
S.C
Charles Horner
Air Force
Horner
Davenport
University of Iowa
Friday
9Th Air Force
Shaw Air Force Base
U.S. Space Command
Colorado
Urbandale
Democrats target Branstad at Iowa state convention
Nearly 3,000 Iowa Democrats gather in Des Moines for a state convention likely to attack Republican Gov. Terry Branstad over stalled budget talks. Bill Clinton is slated to speak by satellite, while delegates prepare a pro choice, ERA supportive platform opposing the death penalty.
MENTIONED IN THIS ARTICLE
John Kirsch
Iowa
Des Moines
Terry Branstad
Branstad
Joseph Shannanah
Iowa Democratic Party
Bill Clinton
Cedar Rapids
Shannahan
Pat Marshall
Jim Wengert
Jean Haugland
DNC
Paulee Lipsman
Betty Taylor
Iowa Falls
Also Mentioned on This Page
Istate
Dennis Moore
Moore
Dose
Patricia Ann Glenn
Ted Carroll
Glenn
Lees Eleaie
M-Fk
St. Sat
3Rd Ave
Galsters Furniture
Richard Sicheneder
Tame
7Th Avenue
Visa
Mastercard
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