Iowa House tax bill trims deductibility lid to 22000
Tax Junkins calls the 22000 deductibility limit not fatal to Senate chances while Doderer says only 05 percent of Iowa filers would be affected. Republicans push to eliminate or lower the cap and tax high incomes, warn against driving industry away. The House keeps federal tax deduction, opposes the Senate plan to tax the first 1000 for all lowans.
MENTIONED IN THIS ARTICLE
Junkins
House
Senate
Doderer
Iowa
Sioux City
Sioux Falls
S.D
del Stromer
Rgarner
David Tabor
D-Baldwin
Darrell Hanson
Manchester
Unemployment Struggles Highlight Iowa Construction Workers
Union leaders and workers describe wage limits and family strain as unemployment rises in Iowa. Families face rent and child support worries, while 1800 construction workers remained employed in January, with three quarters of union members jobless and tension rising at home.
MENTIONED IN THIS ARTICLE
Amberjack Drive
Hiawatha
Dean Hite
1612
Ave. NW
Job Service of Iowa
Frazier
Salvation Army
Senate Amnesty Debate Affects Social Security Benefits
Moynihan warns that failure of the amnesty proposal could deny benefits to many who have earned them. The Senate bill bars payments to deported aliens and limits benefits for aliens abroad to their contributions plus interest, while the House bill has no alien provisions.
MENTIONED IN THIS ARTICLE
Daniel Moynihan
D-N.y
Senate
Iowa House approves income tax measure with credits and limits
The Iowa measure raises the minimum tax to half the federal minimum and caps federal tax deductions at 22000. It offers a 15 percent tax credit up to 300 for solar hot water systems installed 1983 to 1985, raises the child care credit to 6 percent up to 144 per child, repeals accelerated depreciation, limits six business deductions, and creates a 25 percent credit for increased research activities.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa House
Ruckelshaus Seen As Front-Runner To Lead EPA
The White House weighs an EPA leadership move to restore credibility and drive enforcement. Ruckelshaus is hailed as the front-runner, with a short list of alternates if he cannot be chosen. an EPA team concept would back a public figure and a veteran bureaucrat. The timing of any announcement remains unclear. William Jennings Bryan quote rounds out the report.
MENTIONED IN THIS ARTICLE
Congress
Ruckelshaus
White House
EPA
Also Mentioned on This Page
Lowa
William Jennings Bryan
Easter Bunny
Westdale Mall
The
Spm
Edgewood Rd
S.W
Allied Glass Products Inc
Allied Glass
Jill McCrea
Jill
First Street
Cedar Rapids
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