by lftcrtv | Mar 27, 2018
State and local taxes in Minnesota typically grow over time in response to increased consumption and rising economic activity, and to keep pace with the growing demand for public services. There is one notable exception to this rule: the currently frozen state...
by lftcrtv | May 18, 2017
The state revenue loss resulting from changes to the state business property tax in the tax conference committee report are likely to increase rapidly over time—for reasons described in a recent North Star article—and ultimately surpass the revenue loss associated...
by lftcrtv | May 15, 2017
As Homer tells it, a besieged Troy eagerly welcomed the present of a large wooden horse as a herald of good times to come. This “gift,” however, actually led to the ruin of the proud city. Minnesotans should take this cautionary tale to heart before they embrace the...
by lftcrtv | Mar 20, 2017
The tax cut plan released by Senate conservatives last week is still short on details, but here is some of what we do know: it will cut taxes by $900 million, presumably over the course of the upcoming FY 2018-19 biennium. The key elements of the proposal include a...
by lftcrtv | Feb 24, 2017
In 2001, business lobbyists worked overtime not only to reduce business property taxes, but also to change to whom businesses pay those property taxes. They argued that local governments were too dependent on business tax base and not enough on homestead tax base....
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