The Minnesota Legislature passed some investments in Minnesota families’ economic well-being and improving their tax-filing experience in this year’s final… Continue reading 2024 Legislature passes improvements in Child Tax Credit, tax-filing process
Tag: Minnesota taxes
Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
Minnesota policymakers could be less than two weeks away from enacting into law innovations and improvements in the Child Tax… Continue reading Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
Direct File could save Minnesotans time and money when filing income taxes
Direct File would provide Minnesotans another option for filing their income taxes that would be easier and could save time… Continue reading Direct File could save Minnesotans time and money when filing income taxes
Governor Walz’s supplemental budget proposal lays out his priorities
Last week, Governor Tim Walz released his governor’s supplemental budget proposal. The administration described the priorities for his budget as… Continue reading Governor Walz’s supplemental budget proposal lays out his priorities
Minnesota Child Tax Credit strengthens families and reduces child poverty
Minnesota’s new Child Tax Credit (CTC) will help families achieve their goals and invest in a better future for themselves… Continue reading Minnesota Child Tax Credit strengthens families and reduces child poverty
Final tax plan boosts tax credits for working Minnesotans, but falls short on future stability
The 2019 tax bill agreed to by Governor Tim Walz and the Minnesota Legislature in the recently completed special legislative session includes both important hits and worrisome misses.
Global budget deal reached Sunday; more work needed to pass final budget
On Sunday evening after weeks of negotiations, legislative leaders and Governor Tim Walz announced a global budget deal. This deal… Continue reading Global budget deal reached Sunday; more work needed to pass final budget
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.
2018 Legislative Session: What was accomplished, and what’s left for next year
The 2018 Legislative Session opened with some major tasks on policymakers’ to-do lists. By tradition, this was a year when… Continue reading 2018 Legislative Session: What was accomplished, and what’s left for next year
Legislature’s final tax bill contains same harmful provisions as previously-vetoed bill
Last week, we evaluated the Legislature’s tax bill and found that it needed improvement. Unfortunately, very little was changed, and… Continue reading Legislature’s final tax bill contains same harmful provisions as previously-vetoed bill