Minnesota Businesses Benefit from State & Local Taxes

by | Jun 30, 2017

It is common for businesses to complain about taxes without considering the benefits that they provide. Taxes are not collected and then buried in a hole. They are used to provide education and public safety, protect property rights, and construct and maintain public...

“Tax-to-Benefit Ratio” Favorable for Minnesota Businesses

by | Jun 6, 2016

Attempts to rank states based on the level of business taxes rarely take into account the benefits that businesses receive from tax-funded public investments. In a report published by the Council on State Taxation (COST), analysts at Ernst & Young (EY) have filled...

Business Share of Total Minnesota Taxes Below U.S. Average

by | Jun 3, 2016

The share of total Minnesota state and local taxes paid by businesses is comfortably below the national average, according to data compiled by Ernst & Young (EY) contained in a recent report from the Council on State Taxation (COST). In fact, Minnesota is among...

A Fresh Take on Business Taxes

by | May 26, 2016

Conservatives and many business groups contend that Minnesota business taxes are high relative to other states. Apart from the dubious merit of some of these claims,* they generally do not take into account the level of economic activity that provides the base from...