Twin Cities Daily Planet (https://www.tcdailyplanet.net/author/scott-russell/page/3/)
Compared to other areas of the state budget, it appears the court system and public safety services fare well in the budget bills presented by the Governor, House and Senate. Continue Reading
The House and Senate budget proposals for economic development, workforce development and housing cut funding far below the Governor’s recommendations. Continue Reading
The state’s most affluent residents pay a smaller share of their incomes in state and local taxes than the average Minnesotan, according to the 2011 Minnesota Tax Incidence Study released today by the Minnesota Department of Revenue. Continue Reading
Minnesota’s recovery from the recession and our future economic success depends upon many factors, including our ability to train a quality workforce and maintain a solid public infrastructure. But the state also faces the challenges of replacing an aging workforce and retraining our workers to respond to changes in the economy. Continue Reading
Minnesota’s economic prospects got an upgrade in the state’s January 2011 Economic Update, released by Minnesota Management and Budget on Tuesday.
Legislative leaders have named cuts in business taxes as one of their priorities for the 2011 Legislative Session. Senate File 1 proposes to gradually cut the corporate tax in half over a six-year period, and ratchet back the statewide business property tax. Continue Reading
The Lame Duck Congress needs to get to work for those who can’t find work, passing a year-long extension of federal unemployment insurance benefits. It’s a critical support for families on the financial edge, and it’s a critical support to the economic recovery.
On December 2, the state’s November Forecast will be released, and Minnesota’s new state leaders will get two very important budget numbers from the state’s financial experts: one telling them if they face a budget deficit for the remaining seven months of this budget cycle, the FY 2010-11 biennium, and one telling them just how big the deficit is for the upcoming FY 2012-13 biennium.
Corporate income taxes pay for important public services, including those that help businesses succeed and grow: education, highways, health care and public safety. Continue Reading
The Minnesota legislature met in Special Session on Monday and approved an $80 million package to individuals and communities affected by two separate disasters: those in the 13-county area hit last summer by the “Wadena tornadoes,” and those in the 21 southern Minnesota counties overrun by extreme flo Continue Reading