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The City of Corcoran planned to use building permit fees to finance its city hall renovation

Recently, I had the pleasure of speaking to a local city council about the obstacles to the construction of affordable housing which state and local governments erect in terms of in terms of taxes, fees, and regulations. According to a report from the Housing Affordability Institute, some localities are using these fees, which are meant to be for services rendered, to pad their general funds. I referred to the example of the city of Corcoran, which had been reported as using building permit fees to finance a city hall renovation. This, according to one of those present, was "a lie". Well,...

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What needs to be understood about price control schemes, including minimum wage laws – They never work

It should not come as a surprise that a local St. Paul institution is citing the $15 minimum wage law as one of its reasons for going out of business. High operating costs are inevitable for businesses operating in areas with a high minimum wage. With that comes cutting hours, laying off people or going out of business. That reality has always been the same throughout history; controlling prices, wages included, leads to negative consequences. As early as 4000 years ago, the Babylonians had the code of Hammurabi, which had stipulations of wage control and other price control measures. Among other laws,...

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Rochester’s High Property Taxes Threaten Small Businesses

You know it's bad when a former New Yorker says the property taxes on his restaurant in Rochester, Minnesota make his tax bill from the empire state look good. But Pasquale Presa told the Rochester Post Bulletin he'd have looked for another place to start his pizzeria had he realized how much of a bite of his sales would go to the government. Presa, who owns and operates Pasquale's Neighborhood Pizzeria on Fifth Street Southwest, a block off Broadway, has been advocating for himself — and looking for a little help from the city, county and state — when it comes to property...

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Minneapolis ranked 40th among 115 North American cities on ease of doing business.

A newly launched study by the Center for the Study of Economic Liberty at Arizona State University has ranked Minneapolis 40th among 115 cities in North America on overall ease of doing business. The study which is intended to be an annual report, scores and ranks major cities in the states or provinces of Mexico, United States and Canada overall on how easy or difficult it is to start, operate and shut down a business. The study "intends—through the creation of comparable measures over time and its overall Ease of Doing Business Score—to contribute to the understanding of which regulatory environments...

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