Posts Tagged ‘corporate income taxes’
In the Long Run, Vetoed Tax Bill Would Have Ladled Out More Corporate Tax Breaks
On May 23, the Governor vetoed House File (HF) 947, the tax and education bill passed by the Minnesota House and Senate on the last day of the 2018 legislative session. Its conservative authors argued that it will increase corporate taxes relative to current law. A deeper dive into the available information reveals that the…
Read MoreCorporate Tax Cuts Increase Income Inequality
North Star would like to thank Professor Louis Johnston of the College of Saint Benedict/Saint John’s University for critiquing earlier drafts of this article. Conservatives typically argue that the benefit of corporate tax cuts will trickle down to workers in the form of higher wages. New research published this month indicate that workers do…
Read More