Working Family Credit Works

by | Apr 1, 2016

Conservatives and progressives don’t agree on much—especially in the area of tax policy. However, one program that draws support from both ends of the political spectrum is Minnesota’s Working Family Credit. This tax credit helps families across the state meet basic...

Are 529 Tax Breaks Working?

by | Apr 17, 2017

In order to incentivize families to save for their children’s college education, Minnesota and other states are exploring income tax credits and deductions for 529 plans. Named after section 529 of the Internal Revenue Code, these investment vehicles were designed to...

Minnesota’s Working Poor Still Hurting

by | Aug 4, 2016

About a quarter of a million Minnesota workers had cause to celebrate earlier this week, as the state’s minimum wage increased. However, millions of workers in Minnesotans and other states are still stuck in low wage jobs that do not adequately compensate them for the...

Wisconsin Grows Poorer, More Unequal Relative to Minnesota

by | Sep 5, 2018

Minnesota’s median income grew faster than the national average over the past decade, as noted in part 1 of this series. And while Minnesota income inequality has increased, it has increased less rapidly than the national average. Meanwhile, in Wisconsin, median...