Iowa has approved a deal to give Apple $208 million in state and local tax breaks to build two data storage centers near Des Moines and the promise to create 50 jobs. The deal approved Thursday by the Iowa Economic Development Authority includes a refund of $19.6 million in state sale taxes for Apple Inc. and a $188 million break on property taxes from Waukee, a booming suburb bordering Des Moines. Apple has also agreed to buy 2,000 acres of land for the project.
