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Campaign-finance experts unsurprised as U.S. companies resume political contributions paused after Jan. 6 insurrection


Campaign-finance experts unsurprised as U.S. companies resume political contributions paused after Jan. 6 insurrection
MarketWatch
8 hrs ago
ASSOCIATED PRESS
PROVIDENCE, R.I. (AP) As shockwaves spread across the country from the Jan. 6 insurrection at the U.S. Capitol, corporate America took a stand against the lies that powered the mob. Or so it seemed.
Dozens of big companies, citing their commitment to democracy, pledged to avoid donating money to the 147 lawmakers who objected to Congress’s certification of Joe Biden’s victory on the false grounds that voting fraud stole the election from then-President Donald Trump.
It was a striking gesture by some of the most familiar names in business but, as it turns out, it was largely an empty one. ....

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State revenue rebounds in big way


By Rod Boshart, Special to the Globe Gazette
DES MOINES — Iowa posted double-digit growth in tax collections for fiscal 202,1 which probably will translate into a whopping state budget surplus once the books officially close in September, officials said Thursday.
The state treasury took in more than $8.1 billion for the 12-month period that ended June 30, a 16.3 percent increase that tallied nearly $1.14 billion more than fiscal 2020, according to a report from the nonpartisan Legislative Services Agency.
Because Iowa again delayed its income tax deadline and made other adjustments due to the COVID-19 pandemic, agency senior tax analyst Jeff Robinson said that total likely will be adjusted downward by several hundred million dollars by Sept. 30, but still will finish in double-digit growth in the range of $800 to $900 million compared with the prior fiscal year hard hit for months by the pandemic’s economic consequences. ....

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