The latest figures indicate February may have been a better month, financially, for some Iowans.
Iowans paid about two percent more to the state in personal income taxes in February, but the report shows a huge jump in retail sales. Sales and use tax receipts in February were up 17.4 percent over February of last year.
While Iowans may be starting to buy again, business trends still aren’t as rosy. Corporate tax payments to the state were down over in February and the Legislative Services Agency report concludes February was a "poor month" for corporations in Iowa.
