The highest-paid Iowans have to work 3 weeks per year to pay their state and local tax obligation (5.8% of income). The lowest-paid Iowans have to work twice as long to do the same (10.6% of income).
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4/11/2007
Leveling the Playing Field
Restoring Fairness to Iowa's Corporate Income Tax by Closing Loopholes
A tool to close corporate tax loopholes could save Iowa up to $100 million a year and even the playing field for Iowa businesses competing against multistate companies such as Wal-Mart.