Minnesota’s Economic News — W/E 4/28/22

State and local taxes and spending

The Center Square: How Much Minnesota Taxes Its Residents Compared to Other States

Bloomberg Tax: Minnesota House Sheds Modesty With Bold Tax Overhaul Plan

Bring Me the News: MN House passes $8.8B transportation bill that includes fee hikes, Duluth train funding

Insight News: Minnesota’s highways need funding, but this isn’t the way to do it

Pioneer Press: With $17.5B surplus, MN Democrats aim for a budget with big spending, tax increases

Pioneer Press: Soucheray: Tax increase after increase and now new taxes, too. What’s sustainable about that?

Fox News: Homeowner heist? Supreme Court to decide limits of property seizures to satisfy tax debts

Rochester Post Bulletin: Our View: Legislators, please show some fiscal caution

MPR News: When a county seizes a home over taxes, who should get to keep the equity?

Washington Post: Opinion  The county seized her condo, sold it and kept all the money. Not nice.

Star Tribune: On Social Security taxes, Minnesota seniors need a talking to

MPR News: Free tuition, school funding at issue as MN lawmakers iron out budget bills

Pioneer Press: Letters: Taxation matters. Which states are growing and which aren’t?

Pioneer Press: Real World Economics: Transportation funding bill hits taxing roadblock

The Center Square: How Gas Taxes in Minnesota Compare to Other States

Bloomberg Law: States’ Forfeiture Rules Are on the Line in Supreme Court Case

Bloomberg Law: Supreme Court Can Uphold States’ Tax Rights With Condo Sale Case

Faribault Daily News: Supreme Court to decide who keeps equity in tax seizures

Minn Post: DFL tax plans split over taxing Minnesota’s wealthy but agree on some cuts and rebates

Minnesota Reformer: Here are some of the differences between the Senate and House DFL tax plans

Star Tribune: How do Minnesota Democrats’ three tax plans differ?

Duluth News Tribune: Minnesota Senate tax plan calls for checks, partial Social Security tax cut

WCCO: Senate Democrats unveil tax plan with rebate checks, other credits that differ with House plan

KSTP: Minnesota lawmakers tackling public safety, taxes 

Axios: Key Minnesota Senate bill stops short of full repeal of state taxes on Social Security income

MPR News: Minnesota Legislature closes in on deal on rebates, Social Security tax break

Fox 9: Approved tax bill increases credits for families, taxes on Minnesota’s wealthy

Kare 11: Sweeping tax relief package passes Minn. House

KSTP: Comparing the tax bills from the House, Senate and Governor Walz

KNSI: Minnesota’s Social Security Tax Elimination Appears Unlikely This Session

MPR News: Questions swirl around corporate tax in Minnesota House, Senate budgets

Pioneer Press: MN Senate passes transportation bill with $1 billion increase in funding; 75-cent delivery fee dropped

Labor market

Detroit lakes Online: Unemployment rate down in MN, labor force participation rate remains the same

InForum: Letter: Workforce shortage will only get worse if Minnesota legalizes recreational marijuana

Willmar Radio: DEED says more immigrant labor needed

Red Lake Nation News: Unemployment Rate Down; Labor Force Participation Rate Remains the Same

Red Lake Nation News: New DEED Research Shows How Regaining Past Immigration Levels Could Help Ease Minnesota’s Labor Shortage

Star Tribune: Reversing Minnesota’s declining immigration numbers could rebuild a shrinking labor force

Sahan Journal: New state research shows that immigration could help ease Minnesota’s labor shortage

Axios: Job switching in the Great Resignation boosted pay for Minnesotans

WJON: Demand for Workers Remains High in Central Minnesota 

KSTP: New DEED research reports bringing more immigrants could ease labor shortage

Mankato Free Press: Our View: Economy: Immigration would mitigate workforce shortages

Economic growth

Twin Cities Business: Minnesota Venture Capital Deals Are Slowing Down