by lftcrtv | May 24, 2017
By ensuring that extremely high-income households pay state and local taxes at a rate approaching that of other Minnesota households, the estate tax does more, dollar for dollar, than any other tax to reduce tax regressivity in Minnesota. Conservatives want to...
by lftcrtv | May 23, 2017
Conservatives in Minnesota continue to push for a dramatic reduction in Minnesota’s estate tax, which would almost exclusively benefit the state’s wealthiest residents (who already enjoy below average effective tax rates). Implementing the estate tax reductions...
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 | May 10, 2017
A recent chart from the Republican Party of Minnesota, reproduced below, purports to show that Minnesota’s general fund budget is growing about 12 percent faster than the state’s economy and about 25 percent faster than the rate of inflation from 2012 to 2017. The...
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