All tax plans on the table raise revenues: the difference is how much and who benefits

The negotiations to reach a budget deal this session have at times been characterized as a debate between raising taxes… Continue reading All tax plans on the table raise revenues: the difference is how much and who benefits

Walz tax plan expands Working Family Credit, funds investments in schools and communities

Narrowly defined, the primary responsibility for policymakers this legislative session is to pass the state’s next two-year budget. But more… Continue reading Walz tax plan expands Working Family Credit, funds investments in schools and communities

Minnesota ranks high for tax fairness in 50-state study

The Institute on Taxation and Economic Policy (ITEP) finds that nearly every state fails basic measures of fairness, but Minnesota is among a small number of states where income inequality is reduced by state tax policy.

House budget targets devote 2/3 of surplus to taxes, transportation

The Minnesota House of Representatives’ budget targets tell us how they propose to allocate the state’s projected $329 million surplus for… Continue reading House budget targets devote 2/3 of surplus to taxes, transportation