Minnesota’s Economic News — W/E 3/18/22
State and local taxes and spending
MPR News: GOP pushes to end taxes on Social Security, but many don’t pay them
KNSI: Deal to Stop Minnesota’s Business Tax Increase Remains Elusive
Duluth News Tribune: Payroll tax hikes could come next week as impasse stalls Minnesota jobless fund repayment, hero pay
WDIO: Some legislators call to suspend state gas taxes
Minneapolis/St. Paul Business Journal: Minnesota Legislature may miss unemployment fund deadline, triggering automatic business tax
Duluth News Tribune: Developers push for extension of Minnesota’s historic tax credit
Star Tribune: Businesses brace for tax hike as unemployment debate drags at Capitol
Wadena Pioneer Journal: Poston: Tax hike coming to businesses without House action
Mankato Free Press: Our View: Unemployment: House DFL wrong on business tax
Star Tribune: Historic renovation tax credit has pumped billions into state economy, study says
MPR News: Still no deal at State Capitol to prevent business tax increases
MPR News: Higher business taxes kick in after unemployment talks collapse
KPVI: No deal to dodge Minnesota business tax hikes
Grand Forks Herald: With billion-dollar unemployment fund deadline blown, businesses, state face headache
Rochester Post Bulletin: Letter: State surplus means taxpayers were overcharged
Axios: Big tax hike could hit Minnesota businesses Tuesday
Pioneer Press: Why Minnesota lawmakers are fighting over unemployment and hero pay and why it matters
Fox 9: Minnesota lawmakers fail to prevent business tax hike, squabble over worker bonuses
Minneapolis/St Paul Business Journal: Minnesota business taxes spike after Legislature misses deadline
Bring Me the News: Businesses face higher taxes after MN Legislature fails to reach deal on unemployment insurance
Owatonna People’s Press: The politics of a gas tax holiday, explained
Kare 11: Gov. Walz unveils revised Minnesota state budget
KSTP: Walz’s updated budget proposal includes $500 checks to Minnesotans
KAAL TV: Walz’s updated budget proposal includes $500 checks to Minnesotans
WCCO: Gov. Walz And Lt. Gov. Flanagan’s Revised Budget Includes $500 Direct Payments
Star Tribune: Gov. Tim Walz proposes bigger rebate checks as surplus grows
Duluth News Tribune: Walz bumps up proposed direct payments to $500 per Minnesotan, $1,000 for couples
Minn Post: Walz proposes $500 direct payments to Minnesotans
Labor market
Voice of Alexandria: Unemployment rate drops to 2.9% in Minnesota as employers struggle to find workers
The Center Square: Minnesota experiences largest single-month job growth since July
Mankato Free Press: Local job numbers up 1.8% in January
Economic growth
Mankato Free Press: Inflation adds uncertainties to regional economy
Bemidji Pioneer: Dave Hengel Column: An economic innovation agenda for Minnesota
Inforum: Morning headlines: Economic growth outlook for Fargo good this year, experts say
Agriculture
MPR News: Despite uncertainty, Minnesota farmers are hopeful they’ll have a good year