Minnesota’s Economic News – W/E 3/26/21
State and local taxes and spending
The Center Square: Minnesota Gov. Walz revises budget, drops some proposed tax hikes
Star Tribune: Gov. Tim Walz scales back proposed tax increases, boosts tax relief
Bemidji Pioneer: Gov. Tim Walz drops some tax hikes, offers tax relief in new budget plan
Minneapolis/St. Paul Business Journal: Minnesota Gov. Tim Walz dials back on tax hikes for business in revised budget
Duluth News Tribune: An Economist’s View: Stop taxing to support more spending in St. Paul
Pioneer Press: Minnesota is flush with cash, but that hasn’t changed the budget debate. Here’s what to expect
Bring Me the News: Gov. Walz releases revised budget proposal, here’s what’s in it
KTOE: Tax increases are focus of hearings this week in MN House
KROC: Rochester’s 2020 Sales Tax Collections Hardly Affected By COVID
Star Tribune: Minnesota House Democrats present $52.5 billion budget plan
KSTP: Minnesota House DFL announces budget priorities
Albert Lea Tribune: Minnesota House Democrats present $52.5B budget plan
Pioneer Press: House DFL unveils budget proposal that largely aligns with Walz’s
Pioneer Press: Ramsey County’s economic plan puts racial equity as top priority, will require property tax hike to implement
Star Tribune: Minnesota music venues amp up #SaveMNstages bill for state pandemic relief
KBJR 6: GOP lawmakers, small businesses urge House Democrats to make loans tax exempt
Economic development
Star Tribune: Is Enbridge Line 3 needed? Key question lands before Minnesota appeals court next week
Minneapolis/St. Paul Business Journal: Immigrants a boon for Minnesota economy, new report finds
Pioneer Press: MN Chamber of Commerce report shows immigrants’ role in economy
Park Rapids Enterprise: Report: Immigrant entrepreneurship lags in Minnesota
Wahepton Daily News: Small businesses remain backbone of MN economy
Star Tribune: Immigrants boost Minnesota’s economy
MPR News: 3 things to know about immigrants’ contributions to Minnesota’s economy
Minn Post: New report touts importance of immigrants to Minnesota’s economy
Bemidji Pioneer: Report: Immigrant entrepreneurship lags in Minnesota
Kare 11: In northern Minnesota, the Line 3 oil pipeline remains a lightning rod for debate
Economic growth
Star News: Chamber: What’s the plan for businesses in 2021?
Wadena Pioneer Journal: Hit hard by the pandemic, restaurants push on and push through
Duluth News Tribune: Reader’s View: E15 fuel bill threatens Minnesota economy
Trade
WDIO: Minnesota legislators call for reopening of U.S.-Canada border
Agriculture
The Caledonia Argus: Help available for farmers hurt by COVID
Labor market
Star Tribune: Turning point in Minnesota’s recovery as people find jobs
Twin Cities Business: Minnesota Adds Jobs in February, But Recovery Remains Uneven
John Phelan is an economist at the Center of the American Experiment.