Iowa to collect nearly 50 million dollars in taxes this year - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa to collect nearly 50 million dollars in taxes this fiscal year

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DES MOINES (KWWL) -- A state budget panel says Iowa will collect nearly 50 million dollars more in taxes, which is up four percent from last year. The rise in incoming revenue is credited to an improving economy.

For 2012, the panel estimates collections will increase another five-point-seven percent, or nearly 40 million dollars.

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