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Tax-free idea

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Woodbury, 55125
Woodbury Bulletin
651-702-0977 customer support
Woodbury Minnesota 8420 City Centre Drive 55125

Some Republican House members want to exempt new Minnesota businesses from the state corporate income tax.

Rep. Kurt Zellers, R-Maple Grove, said the proposal would help create jobs.

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"The idea is simple: If you bring your business to Minnesota and stay for five years, we will exempt you from the 9.8 percent tax rate," Zellers said.

The same would apply to expanding businesses.

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