Kim Reynolds on Corporations
$2B tax cuts provide relief to taxpayers & small businesses
Taxes: Support IA's recent $2 billion tax cuts?
Hubbell: No. Opposes major cuts to revenue streams. Considers fiscally irresponsible, and similarly opposed Trump tax cuts as regressive.
Also opposes corporate subsidies like giving Apple $20 million credit to create 50 jobs.
Reynolds: Yes. Believes they provide important relief to middle and working class individuals and small businesses.
Source: 2018 CampusElect.org Issue Guide on Iowa Governor race
, Nov 1, 2018
Tax breaks bring Apple to Iowa
Iowa approved a deal to give Apple $208 million in tax breaks to build two data storage centers near Des Moines and to create at least 50 jobs. Reynolds defended the use of the state's $19.6 million in tax credits at a time of
a state budget shortfall, saying it's a minimal investment for the return Iowa will get. "If we want to grow this economy and provide more revenue, then we should be doing what we can to bring jobs and businesses to the state of Iowa," she said.
Source: MyPlainview.com on 2018 Iowa gubernatorial race
, Aug 28, 2017
Page last updated: Apr 17, 2020