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Minnesota’s Senate Democrats said that November’s budget deficits were the result of tax cuts. Will they say the same about the surplus projected now?

When a deficit for the state's budget was forecast in November, Minnesota's Senate Democrats were quick to blame none-existent tax cuts, contrary to the explanation actually given with the forecast. What will they say now that federal tax cuts have generated a surplus? ...

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Spam! Tax Cuts Lead to Pay Hike and Stock Options for Hormel Employees

More "crumbs" as Nancy Pelosi put it for the workforce of another mega Minnesota employer, thanks to the federal tax cuts. Hormel Foods recently jacked up beginning wages to $13 an hour and offered stock options to employees with increased revenue from the Tax Cuts and Jobs Act. The Austin, Minnesota company best known for Spam shared the good news in the Rochester Post Bulletin. “Tax reform will have a clear benefit to all Hormel Foods stakeholders — our shareholders, our employees, and the communities in which we operate,” Hormel President and CEO Jim Snee said in the announcement. “The ongoing...

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China’s communists recognize that taxes are disincentives

The Chinese authorities want fewer foreign players coming into the country and a tax on foreign player purchases is their chosen tool. Even in communist China, taxes are recognized as disincentives. Of course, the Chinese are much less communist than they used to be which is why they are much richer than they used to be. ...

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