http://www.18r.org/science/cash-gifting-3/ Terry Branstad explained on Monday what is cash gifting and cutting the state's corporate income tax in half. He contended that business tax cuts helped spur job growth when he was governor in the 1980s.Branstad's rivals for the Republican nomination for governor, Bob Vander Plaats and Rod Roberts, have proposed eliminating the corporate income tax. Wed, 07 Apr 2010 13:39:59 CDT en