Comment on Iowa Business Council says population, taxes among obstacles for state’s business climate

Iowa Business Council says population, taxes among obstacles for state’s business climate

Iowa’s business climate is “competitive” but not “overperforming” in five categories, according to the Iowa Business Council’s annual Iowa Competitive Dashboard.IBC pointed to an “overly complex tax system” as one of the immediate challenges facing the state’s business climate. Iowa is ranked 46th in corporate tax index and 40th in individual income tax index out of all 50 states, the organization said, using publicly available data.“That remains a challenge as we try to attract and retain businesses in Iowa,” said Tim Yaggi, IBC’s chairman and Pella Corp.’s president and CEO, in an online news conference.Longer term, the state’s declining population has IBC members concerned.“It’s not a simple issue,” IBC Executive Director Joe Murphy said.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News