by lftcrtv | Mar 19, 2018
Tax laws should be simple and direct. Taxpayers should be able to understand and comply with them without the assistance of an army of attorneys and accountants. The treatment of pass-through income in the new federal tax law passed late last year—the so-called “Tax...
by lftcrtv | Nov 12, 2018
Business groups—including the Minnesota Business Partnership and Minnesota Chamber of Commerce—actively cultivate the notion that business taxes in the Gopher State are high relative to the rest of the nation. However, total state and local business taxes as a share...
by lftcrtv | Aug 16, 2018
Businesses pay nearly two-fifths of all state and local taxes collected in Minnesota. This is significantly less than the national average and less than in all but a handful of states. Each year, Ernst & Young (EY), in conjunction with the Council on State...
by lftcrtv | May 17, 2018
It’s been a whirlwind week on the Minnesota tax policy front. On Tuesday, the House and Senate Conference Committee approved a tax bill. The bill went quickly to the House floor, where it passed the same day. On Wednesday, the Senate approved the same bill. And on...
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