by lftcrtv | Jan 19, 2017
The estate tax plays a positive role in generating revenue and reducing the regressivity of Minnesota’s tax system, as noted in the first part of this series. However, no discussion of the estate tax would be complete without addressing conservative criticisms of the...
by lftcrtv | Jan 17, 2017
The one tax that conservatives seem to hate more than any other is the estate tax. Before the significant estate tax relief enacted in 2014 is even fully phased-in, they want to cut the tax again. However, the estate tax is an effective way to prevent the accumulation...
by lftcrtv | Jan 11, 2017
Ever since its passage during the 2013 legislative session, Minnesota conservatives have been critical of the fourth tier income tax, which increased the state tax rate on income above the fourth tier threshold from 7.85 percent to 9.85 percent. However, as noted in...
by lftcrtv | Jan 10, 2017
Conservatives contend that Minnesota’s fourth tier income tax has led to a significant reduction in work, as well as flight to other states, among the high-income households affected by the tax. However, if we do the math, the impact of the fourth tier income tax...
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