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Minnesota’s economic news, w/e 5/24/19

State and local taxes

Alpha NewsNo, high taxes aren’t why Minnesota ranks highly

Star TribuneSenate GOP delays ‘lights on’ bill vote amid budget talks

Rochester Post BulletinChanging enrollments bring financial challenges to schools

Dairyland PeachMinnesota needs a new kind of compromise

St Cloud TimesCentral Minnesota business owners, lawmakers still split on paid family leave pitch

Minn PostSpecial session looms as budget impasse continues at the Legislature

WCCOSenate GOP Passes ‘Lights On’ Bill; No Budget Deal In Sight

Star TribuneSenate GOP passes ‘lights on’ bill; no budget deal in sight

Star TribuneBudget tensions rise in fiery remarks from Gov. Tim Walz, GOP lawmakers on Saturday

Winona Daily NewsChris Carroll: The “sick tax” is narrow and regressive. It’s time to let it go.

Pioneer PressMN lawmakers have a $48.3B budget deal — no gas tax hike, keeps health care tax at 1.8 percent

Star TribuneWalz, Minnesota lawmakers end budget impasse ahead of Monday deadline

KSTPNo gas tax increase slated for Minnesota after lawmakers reach budget deal

Faribault Daily NewsWhy do medical cannabis companies pay the highest corporate taxes in Minnesota?

Alpha NewsMinnesota Budget Deal: No Gas Tax, Small Income Tax Cut, Increase In Spending

Star TribuneMinnesota Legislature adjourns, with much of its work undone

Pioneer PressInside the budget deal — spending the surplus and tapping the rainy day fund

Duluth News TribuneOur View: Compromise? We’ll take it!

St. Cloud TimesState’s next 2-year budget set at $48.3 billion

Know News Radio: MN Budget Agreement (Update)

Business NorthWalz, legislative leaders, reach budget agreement

Alpha NewsMinnesota Narrowly Escapes Massive Gas Tax Increase

Grand Forks HeraldMinnesota lawmakers react to budget talks

The NeighborLegislature in overtime to work on bipartisan budget deal by Thursday’s single day ‘special session’

KNSI: Benton County passes Transportation tax

WJON: Howe: Bill lowers income tax rate, spends state’s reserve fund

Labor market

Brainerd DispatchMinnesota adds 3,600 jobs in April

KSTPShopko, other closures drive retail layoff numbers in Minnesota this year

KNSI: Store closings blamed for higher state unemployment numbers

Minn Post: It’s a pretty good time to find a summer job for Minnesota teens — but fewer of them are

Agriculture

KNUJ: Leading MN agribusiness and trade association call for USMCA agreement

KUNCSurvey: Region’s Bankers Losing Confidence In Farm Economy

Economic development

The Ely EchoWhy the federal government renewed Twin Metals Minnesota mineral leases

WCCOOfficials: Housing Needed In Twin Cities Amid Steady Population Growth

Fox 910 Minnesota cities that added the most people over last 8 years

Duluth News TribuneStatewide View: Simple tax incentive could make Minnesota leader in TV, film production

Yahoo FinanceBeer Industry Contributes $6.9 Billion Annually to Minnesota’s Economy

Duluth News TribuneLocal View: Protect Boundary Waters’ economic, environmental advantages

Trade

Star TribuneMinnesotans lament China trade war: ‘We’re about to get hammered again’

Minn PostAs trade war escalates, Minnesota soybean farmers wonder: What’s the plan?

Rochester Post Bulletin: Tariffs make soybean farmers tense

John Phelan is an economist at the Center of the American Experiment. 

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