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Roberts calls for end of corporate income tax

Dec. 21, 2009 7:42 am
Republican gubernatorial hopeful Rep. Rod Roberts of Carroll is calling for the elimination of the state corporate income tax to help create jobs for the 6.7 percent of Iowans who were unemployed in November.
Roberts says the state can reduce its unemployment rate by creating a better business climate in Iowa through the elimination of the corporate income tax.
Iowa needs to change the perception that it is “bad for business,” according to Roberts. Elimination of the corporate income tax will lure new companies to the state that will ultimately provide new jobs to help the over 113,000 Iowans who are currently out of work, he said.
Roberts notes that his plan to eliminate the corporate income tax shows how he fundamentally disagrees with Gov. Chet Culver and legislative Democrats, who borrowed millions of dollars to fund I-JOBS, a government-run plan to create jobs.
“The private sector is better suited to create jobs than state government,” said Roberts. “Iowa businesses have long-term success because of entrepreneurship, good management, and hard-working employees. It's unclear how the Governor's plan to dole out taxpayer dollars to select business ventures will encourage these good business practices.”
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