Minnesota’s Economic News — W/E 5/13/22

State and local taxes and spending

The Center Square: Minnesota lawmakers set to haggle over tax cuts

Duluth News Tribune: Minnesota House passes property tax cuts, family tax rebates

West Central Tribune: Renville County discussing local option sales tax to combat rising road maintenance costs

CBS 3: Several St. Louis County homeowners see rise in property taxes

Fargo Forum: Letter: Minnesota Senate bill isn’t a “tax cut for the rich”

KSTP: Legislative leaders seek compromise on taxes; say special session unlikely

Marshall Independent: State should look for ways to invest its budget surplus

Pioneer Press: With record budget surplus, Minnesota lawmakers disagree on how to cut taxes

Pioneer Press: Explainer: Who gets MN ‘hero pay’ and how unemployment tax hike will be returned to businesses

MPR News: Lawmakers nibble away at budget deals with 2 weeks to go

Star Tribune: Who’s getting Minnesota ‘hero pay,’ and how will it work?

Minnesota Reformer: Walz, legislative leaders are meeting regularly as committees debate budget bills

Duluth News Tribune: Minnesota Senate Republicans keep up push for permanent tax cuts at the Capitol

The Center Square: Minnesota retains 32nd place in Tax Foundation business property tax ranking

Minnesota Reformer: Senate GOP moves forward with tax credit, insurance product family leave proposals

Fox 9: Minnesota Senate approves paid leave plan; DFL says it won’t help enough

Pioneer Press: Minnesota Legislature at odds over K-12 education funding, other priorities

WJON: Minnesota’s April revenue 31 percent over forecast

Minn Post: Both Republicans and DFLers are proposing to change how Social Security is taxed in Minnesota. That’s where the similarities end

Pioneer Press: Minnesota Senate approves Republican plan to cut taxes, tapping budget surplus

KIMT 3: Minnesota State Senate passes second tax bill as the end of the legislative session looms near

Rochester Post Bulletin: Sales tax helps diversify city’s revenue stream

Labor market

Minneapolis/St. Paul Business Journal: Twin Cities has more software developers than ever; demand might still outpace supply

Pine Journal: Truck driver shortage hits Minnesota firms

WCCO: Minnesota Summer Job Seekers Have Record-Breaking 200K Openings To Choose From

Minneapolis/St. Paul Business Journal: Minnesota construction job growth ranks far below other U.S. states

Economic growth

Twin Cities Business: Report: Minnesota Produces Fewer But Longer Lasting Startups

WDIO: Governor Walz: Minnesota’s economy remains strong

WJON: MN rank low on business survey

Minneapolis/St. Paul Business Journal: Number of businesses in Hennepin, Ramsey Counties spiked in 2021

Agriculture

Mankato Free Press: From farmers to commuters, homegrown biofuels benefit everyone

Regulation

Star Tribune: Minnesota lawmakers consider loosening state’s liquor laws