Tools

Culver Seeks to Boost Pressure on Environment, Taxes

By Becky Ogann

Story Created: Feb 21, 2008 at 4:19 PM CDT

Story Updated: Feb 21, 2008 at 4:19 PM CDT

DES MOINES (AP) - Liberal church activists are calling for lawmakers to support Governor Culver's proposed changes to the state's corporate income tax law.

At a Statehouse news conference on Thursday, they urged lawmakers to close what Culver sees as a loophole that lets out-of-state companies report income from Iowa operations in other states that have lower tax rates.

Culver estimates that changing the law would bring in $75 million a year.

Chris Rehmann is with the Mid-Iowa Organizing Strategy, a coalition of church activists. He says closing the loophole will ``level the playing field for Main Street businesses.''

Culver's proposal has been declared dead by fellow Democrats who run the Legislature. His bottle proposal is also stalled.

More Good Stuff

YouNews™ Politics!

Have video or pictures from the local or national political scene? How about comments and questions for your representitives? Share Them On YouNews!

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Poll

Do You Support Obama's Handling of the Bail Out?

  • Yes
  • No