Federal Estate Tax Conformity: A Big Win for Über-Rich

by | 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...

Estate Tax Break Increases Regressivity

by | 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...

Minnesota Taxes Much Less Regressive

by | May 4, 2017

Minnesota’s state and local tax system remains regressive, with lower- and middle-income households generally paying a larger percentage of their income in state and local taxes than higher-income households, although the degree of tax regressivity is modest and...

Federal Taxes in the MTIS: In or Out?

by | Apr 6, 2017

The Minnesota Tax Incidence Study (MTIS) looks at the impact of state and local taxes by income group, in an attempt ascertain who is paying Minnesota taxes. Since it was first published by the Minnesota Department of Revenue (MDOR) in 1991, the MTIS has been one of...

Criticisms of Minnesota's Estate Tax are Inflated

by | 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...