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
Regulation
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