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Socially Conscious Car Sharing Service Lobbies for Tax Loophole

The non-profit car sharing service HOURCAR claims to be about more than just making a buck like ordinary car rental companies--much more. As a 501(c)3 nonprofit, everything we do is in service to that mission, not to shareholders or venture capitalists. We work for the common good, not the bottom line. We’re not exploiting markets and extracting value; we’re envisioning a future and working to bring it into the present. We want to live in healthy and connected communities where everyone can get where they need to go in an efficient and sustainable manner. Contrary to its mission statement, it turns out...

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The state government’s surplus is projected to be smaller, but that does not justify tax hikes

A surplus of $1.0 billion poses the same questions as a surplus of $1.5 billion does. Should lawmakers spend it? Leave it with the state's citizens? Hold fire until the fiscal situation becomes clearer? What it does not mean is that we need to raise taxes....

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Teachers’ Union Wish List? $4 Billion More from “the Rich.”

Taxpayers and smart lawmakers should remind Gov. Walz and their colleagues in the Legislature that Minnesotans from all walk of life have choices, and they can vote with their feet, taking their income and wealth with them. Let's instead come up with a budget plan that honors the hard work of all taxpayers by wisely spending the taxes they already send to St. Paul. ...

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On Taxes, Schafer Gets It Half Right

Business columnist Lee Schafer wrote in Saturday's Star Tribune that Minnesota "needs to take a look at its income tax." Schafer began with the fact that Minnesota's personal income tax revenues, like those of other high-tax states, are falling short of projections: [Management and Budget Commissioner Myron] Frans was reporting that January general-fund revenue was $2.28 billion, about 10.7 percent less than the most recent forecast. Most of the lines were close to the forecast but not individual income taxes, coming in about $280 million less than the $1.73 billion forecast. *** [T]he last state budget update before this one showed that individual...

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