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