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State watchdogs: Iowa pays companies $50,000 and more in incentives per new job

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DES MOINES — Iowa officials handed out more than $274 million in incentives to land 163 new companies or the expansion of others in the past two years, according to an Iowa Watchdog analysis of state figures. In exchange, the companies have agreed to add 5,386 jobs and retain another existing 2,835 that would have otherwise been eliminated. That equates to the state paying nearly $50,000 for...

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