Minnesota’s Economic News — W/E 9/2/22

State and local taxes and spending

Minnesota Reformer: Scott Jensen’s proposal to eliminate income tax would benefit Minnesota’s wealthiest

Kare 11: While student loan forgiveness won’t be taxed federally, Minnesota still could tax as income

Mankato Free Press: Soaring prices for Mankato homes leads to soaring city taxes

Minnesota Reformer: What happens when federal relief funding for Minneapolis and other cities runs out?

Inforum: Minnesota college loan borrowers may face additional taxes

Mankato Free Press: Mankato council trims levy hike by $1.2M

KNSI: Sartell City Council Approves a 17% Levy Increase

CBS News: Federal student debt relief will be subject to Minnesota state taxes unless legislature acts, revenue department says

CBS News: You could see higher taxes because of student loan forgiveness in Minnesota

Fox 9: Broad support emerges for wiping away Minnesota tax on student loan relief

Economic growth

Marshall Independent: Post COVID economy leads to challenges for today’s consumers

Agriculture

Minn Post: Amid global food insecurity, what is U.S. global leadership worth to Minnesota?

Labor market

Star Tribune: Minnesota’s job market is amazing, unless you’re Black