Minnesota’s Economic News — W/E 6/2/23

State and local taxes and spending

KSTP: For full impact of $72 billion budget, hurry up and wait

CBS News: Supreme Court sides with woman after county sold her condo over tax bill, keeping all the money

Marshall Independent: Marshall sales tax question will go to voters

Twin Cities Business: MN Startups Applaud Return of Angel Tax Credit

Duluth News Tribune: Reader’s View: More taxes not the answer for better lives

Real Clear Markets: Minnesota: The Land of 10,000 Bad Tax Ideas

Pioneer Press: St. Paul mayor, lawmakers tout big wins for Capital City — and a possible sales tax for roads

Minnesota Reformer: What’s in Minnesota’s 2023 tax bill

KNSI: Tax Bill Allows for a Two Year Moratorium on Asking for a Local Option Sales Tax

Fox News: Minnesota Gov. Walz signs $2.6B infrastructure bill into law


Twin Cities Business: Minnesota Becomes Fourth State to Ban Noncompetes

KNSI: Small Business Group Concerned Over Cost of MN Paid Family and Medical Leave Act

Star Tribune: Minnesota’s paid family and medical leave program becomes law

Minnesota Reformer: Banning Noncompetes is an Important First Step. But it isn’t Enough

Minn Post: Minnesota becomes fourth state to ban noncompetes

Economic growth

Fox 9: Minnesota’s hours worked is down, productivity up, data show

Crookston Times: Study: Minnesota losing $6.6 billion in investment to other states with taxes, workforce, cited as top barriers

Star Tribune: Minnesota’s public companies grow 7%, half as fast as the previous year

Labor market

MPR News: Hourly school workers now eligible for summer jobless benefits in Minnesota

WJON: MN unemployment extended to hourly school employees

Mankato Free Press: Local area sets records for employment for March and April

KROC: MN Extends Jobless Benefits to School Workers Over Summer Break