Dems Have Comnmercial Property Tax Cut Plan

State Senate Democrats have taken the wraps off a commercial property tax cut plan they say will do more for small businesses that one from Gov. Branstad. Their plan would give commercial property owners over 5-years a tax credit worth 40% on their first $324,000 in assessed property value, and they say 80% of the states 116,900 commercial properties are assessed at or below $324,000.

Story Blogged at 02-14-13 16:43 by djennings