Dog Bites Man Story
Minnesota increases taxes. An editorial in the
PioneerPress is reporting:
It's been nearly four months
since Minnesota legislators adjourned from their regular session in
May, and reporters still are uncovering the impact of lawmakers work on
"below-the-radar" taxes.
As new taxes continue to pile on, filing returns in Minnesota
will be both more costly and complex after one-party control that left
the state with $2.1 billion in tax increases to fuel new spending.
A report last week by the Pioneer Press' Bill Salisbury made note
of more examples, including this one: If your employer pays tuition for
you to take college courses, the federal government won't tax that
benefit, but the state will.
Many of the state's new taxes got little exposure in the flurry
of last-minute, end-of-session deal-making. The loss of tax breaks
slipped through with little notice because most attention was focused on
the DFL's income tax increases on the wealthiest Minnesotans and new
business-to-business sales taxes, Salisbury reported.
"Any time you make significant changes to the tax code, you're
going to see ripple effects that go beyond the first wave of
discussion," Mark Haveman, executive director of the Minnesota Center
for Fiscal Excellence, told us.
Oh, so much fun.
North Dakota Open For Business!
ReplyDeleteWow, isn't that the truth.
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