Half of Minnesotans support balanced approach to the budget shortfall
Over the weekend, the Governor vetoed HF 885, a bill would increase income taxes on the highest-income earners, increase alcohol taxes, and create a new surtax on earnings from excess interest to help...
View ArticleLast day of session: what's left for taxes and local aids?
It’s the afternoon of the last day of the legislative session – a good time to take a quick inventory about what has been finished in terms of tax and local funding issues, and what is still...
View ArticleSession ends at midnight…where do things stand?
The 2009 Legislative Session ends at midnight tonight, but the state’s budget for FY 2010-11 is far from resolved. The Governor and legislators are still engaged in last minute negotiations, but time...
View ArticleLegislature passes bill to balance budget with taxes, education shift
The tax conference committee wrapped up their work on Monday night, the last day of the legislative session. The bill includes elements similar to what was in HF 885, the legislature’s previous tax...
View ArticleOur first look at the Governor's supplemental budget
The Governor’s supplemental budget proposal for solving the state’s $1.2 billion deficit was released late this morning. (You can see the details of the proposal yourself at the Minnesota Management...
View ArticleSenate moves quickly on first phase of its plan to balance budget
The state Senate has started to lay out the details of the first phase of its budget balancing plan. At a Senate Finance hearing Monday morning, committee chairs presented their budget proposals for...
View ArticleLegislature makes a budget offer
On Thursday, the legislature presented an offer to Governor Dayton that withdraws $203 million in tax cuts and slightly backs off of spending cuts in some areas. The major elements of the offer...
View ArticleGovernor Dayton’s budget proposal part 2: tax reform
After many years of budget deficits and deep cuts to services, it’s time to instead invest in our communities and our future. We’ve long argued for a tax system that more adequately funds our state’s...
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