Minnesota’s Economic News — W/E 5/5/22
State and local taxes and spending WCCO: Minnesota House passes tax bill with $3B in tax cuts, credits for low- to middle-income residents MPR News: Unpacking tax bills as Minnesota…
State and local taxes and spending WCCO: Minnesota House passes tax bill with $3B in tax cuts, credits for low- to middle-income residents MPR News: Unpacking tax bills as Minnesota…
On Tuesday, U.S. News published its Best States Rankings study for 2023, which ranked Minnesota the fifth-best state in the country. But while this ranking paints a good picture of…
…After avoiding an early brush with the Feeding Our Future scandal. In some rare good news for the economy of Minneapolis and St. Paul, local entrepreneur Abdirahman Kahin won the…
Back in December 2021, I wrote about newly released Census Bureau data that showed that Minnesota lost a net 13,453 residents to other states in 2020-2021, the most in more…
Last week I wrote about data showing that the number of people out of the labor force since the pre-pandemic peak has seen its 13th greatest increase in Minnesota. One…
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…
On housing and childcare, Minnesotans face higher costs than many other Americans.
When the Senate DFL introduced a bill to expand the child and dependent care credit — SF 09, American Experiment provided written testimony opposing the bill. In the testimony, we argued…
Last week I noted that Minnesota is one of only 13 states not to have regained its pre-pandemic number of private sector jobs. This came after the state lost 5,700…
A couple of weeks ago I wrote about South Dakota’s relative economic success. What may have also struck you about that story is how badly the economy of North Dakota…
State and local taxes and spending Minn Post: Proposed Amazon delivery fee to raise money for Minnesota transportation appears dead Rochester Post Bulletin: Letter: How Social Security tax affects this…
When both Minneapolis and St. Paul proposed rent control on their ballots in 2021, American Experiment recommended voting against those proposals, citing the harmful consequences of rent control. Specifically, our…
Last month, Minnesota’s media celebrated the fact that our state had recovered all the private sector jobs lost in pandemic — none mentioned that this was after 34 other states…
In December, I wrote that: From mid-2021 to mid-2022, 19,400 Minnesota residents left for other states, by far the highest number in at least three decades. This does not mean…
Last week I wrote about new data that showed that businesses are fleeing downtown Minneapolis. Twin Cities Business reported: With over 21.2 million square feet of vacant office space in the…
State and local taxes and spending Morrison County Record: Schultz: Let’s make Minnesota more affordable Pioneer Press: Bill would extend downtown St. Paul TIF district to 2033 to cover RiverCentre,…
Back in November, Jonathan Weinhagen, president and CEO of the Minneapolis Regional Chamber, wrote an op-ed for the Star Tribune titled “Business has nothing to fear from DFL dominance.” His…
Economic growth Star Tribune: Minnesota’s economy slowed but remained resilient in last months of 2022 Star Tribune: Many women 65 and older struggle to stay above Minnesota’s poverty line Regulation…
Whenever I point out that Minnesota is losing residents, on net, to places like Florida, one of the standard responses is that they’re only moving for the weather. But, if…
Yesterday, I had the pleasure of addressing the Freedom Rally at the State Capitol. I didn’t really have a speech as such, but below are some of the points I…
In January, I had an op ed in the Star Tribune titled ‘For second Walz term, state’s economy is fragile.’ In it, I noted that, since COVID-19: Minnesota’s subsequent recovery…
Regulation CBS News: Push at State Capitol to end subminimum wage for people with disabilities Star Tribune: Counterpoint: Real equality recognizes differences InForum: Letter: By eliminating wages for the disabled,…
Census Bureau data released late last year showed that: From mid-2021 to mid-2022, 19,400 Minnesota residents left for other states, by far the highest number in at least three decades.…
While in Target the other day, I happened to notice the baby formula section was once again sparse. Noticing this didn’t give me the same nervous and panicky feelings it…