Taxes
Tax debate ends with one bill signed, one pocket veto
This afternoon, we saw the final chapter of the tax debate for the 2012 Legislative Session as Governor Dayton took action on the two remaining tax bills.MORE »
Tax cuts are a risky way to try to stimulate state's economy
Proponents of the omnibus tax bill vetoed today by Governor Dayton made the case that the tax cuts it contains – primarily a freeze on the statewide property tax paid by businesses and cabins and incentives for investors in certain businesses – would spur economic growth in Minnesota.MORE »
Gov. Mark Dayton vetoed the omnibus tax bill
Gov. Mark Dayton vetoed the omnibus tax bill, legislation that Republicans say would have addressed their session priority — tax relief for Minnesota businesses to help grow jobs.MORE »
Conferred tax bill passes House and moves to Senate
A Republican proposal to provide tax relief to state businesses passed the House 75-57, with DFLers characterizing it as “uberpartisan,” and that education would get the short shrift because of how the relief would be funded.MORE »
Tax conference committee avoids cuts to renters' property tax refunds, passes tax bill
The tax conference committee, charged with working out a compromise between House and Senate omnibus tax bills, appears to have finished their work and have passed a confMORE »
Lawmakers still considering asking renters to pay for business tax cuts
Many Minnesotans put the final touches on their income tax forms yesterday, and as they did so, many also submitted their applications for state property tax refunds, which help homeowners and renters whose property taxes make up a high share of their incomes.MORE »
Top 10 facts about our LOW taxes
The week when federal taxes are due predictably generates fist-shaking by the various forces for individualism and small government, and increasingly, counter-demonstrations by the "99 percenters'' who favor a stronger public sector and more fair economic outcomes.MORE »
Senate omnibus tax bill worsens state's future revenue shortfall
The Senate Tax Committee passed its omnibus tax bill, Senate File 1972, last week. The bill would cut taxes by $102 million in FY 2012-13 and $193 million in FY 2014-15. The major tax cut provisions include:MORE »
Tax bill moves through House
A phase-out of a state property tax levy paid by seasonal/recreational property owners and business property owners is the cornerstone of MORE »
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