image Branstad puts forward three-pronged approach to assist educational and start-up efforts.

(ANKENY) – Former Gov. Terry Branstad joined lieutenant governor nominee Sen. Kim Reynolds to unveil their team’s latest policy proposal to advance and promote the Iowa entrepreneur. The full policy can be found here.

The Branstad/Reynolds plan contains three goals:

1. Statewide Entrepreneurial Education: This proposal is to expose every Iowa student in K-12, community college, and Regents institutions to the “entrepreneurial mindset”—that is, to encourage creativity, innovation, critical thinking, and problem solving, and to prepare students for success in the worlds of business and entrepreneurship.

2. Tax Credit for Businesses That Pay For Tuition: This proposal is to, by 2015, graduate over 5000 students a year with a career and technical degree that is paid for by their employer.

3. Tax Waiver for True Startup Companies: This goal is to increase the number of business startups from 44th in the country to 25th in the country over the next 5 years.

“Iowans have creative minds, a strong work ethic and a drive for independence and self-sufficiency.   This combination of skills and desires are the fuel which will drive Iowa’s economy once again,” said Gov. Branstad. “Unfortunately, we need to get government out of the way in some areas and better organized in other areas if Iowans are to realize the dream.”

Reynolds noted that Gov. Branstad will propose legislation allowing true startup businesses to function free of state income tax for their first three years of operation, and free of state sales taxes for their first three years or first $50,000 in taxable purchases.

“This action will allow startup companies to reinvest these tax dollars in their dream,” said Reynolds. “Additionally, it will help energize the Iowa economy with new employment opportunities and equipment purchases that would not have occurred but for this new program.”

For more information on the Branstad/Reynolds campaign visit www.GovernorBranstad2010.com

You May Also Like

Linda Upmeyer to Step Down as Iowa Speaker of the House

Iowa Speaker of the House Linda Upmeyer announced she will not run for re-election in 2020 and will step down as Speaker at the end of 2019.

Iowa GOP Announces Formation of Committee on the Iowa Caucus

DES MOINES–The Republican Party of Iowa (RPI) State Central Committee today approved…

National Taxpayers Union Rates Congress

By Jennifer Crull Every month many Americans have to review their income…

Harry Foster Wins GOP Special Nomination Convention in Iowa SD 33

Linn County Republicans held a special nominating convention for Senate District 33,…