For the second consecutive month, Minnesota has seen a drop in unemployment due to people leaving the workforce entirely.
If workers do become more sensitive to state taxes as a result of Covid-19, it should give state policymakers pause for thought before hiking taxes further.
A round-up of the last week’s economic news stories in Minnesota.
Today, November 12th, marks "Women in Apprenticeship Day" in Minnesota to recognize the important role women play in the skilled workforce and key industries that form the economic backbone of…
Veterans Day is an important reminder of the service our nation's heroes have given in defense of America. As we celebrate and honor our veterans today, we can also celebrate…
The purpose of taxation is not to bash the rich but to raise revenue to pay for government functions. Minnesota's estate tax, by costing the state government revenue, actually makes…
Abolishing the AMT for individuals and eliminating the marriage tax penalty wouldn't send Minnesota rocketing up the rankings, but, again, they would be baby steps in the right direction.
Conforming to the federal schedule for depletion and abolishing the corporate AMT wouldn't send Minnesota rocketing up the rankings, but they would be baby steps in the right direction.
A round-up of the last week’s economic news stories in Minnesota.
Now that Covid-19 has accelerated the adoption of remote work, nothing much will stop Minnesota high-income earners from moving to low tax states like Nevada.
Governor Walz's stringent eviction moratorium, together with the CDC eviction moratorium, has hamstrung small property owners, negatively impacting their revenues and could potentially lead to a worsening housing crisis in…
Data by the Federal Reserve Bank of St. Louis show that the least educated people suffer the most significant negative change in employment during periods of economic downturn.
One argument against the "one-size-fits-all" approach to public policy is the fact that it does not take into account differences in individual choices and risk, meaning suboptimal results for some…
From 2020 to 2021, Iowa saw its State Business Tax Climate Index ranking rise from 45th to 40th. Policymakers in Saint Paul should take note.
Startups are important for the economy; they are a major contribution to job creation and productivity growth. Their ability to survive and grow is therefore important for the growth of…
A round-up of the last week’s economic news stories in Minnesota.
According to a report released in early October by the Congressional Budget Office, taxes have fallen the most for the households in the lowest quintile between 1979 and 2017. Additionally,…
According to the Bureau of Economic Analysis, GDP in the third quarter grew at an annual rate of 33.1%, as businesses continued efforts to reopen. What this new data shows,…
Due to increased vacancies, landlords are offering lower rents and other pricing incentives. This should show Minnesota policymakers that to sustainably address the affordable housing crisis, efforts should center around…
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Tax systems designed to advance 'fairness', i.e. highly progressive tax codes that tax high-income earners and corporations heavily, are harmful not only because they disperse high costs on individuals paying…
A new campaign launched by the Minnesota Department of Employment and Economic Development (DEED) helps connect Minnesota job seekers with Minnesota businesses that are hiring right now for quality jobs.
Restaurant closings have piled up since the lockdown, and a Minneapolis Fed Survey suggests as much as 52% of restaurants could close if current restrictions remain in place for the…
Joe Juranitch, aka Ragnar, was the Vikings number one booster on the sidelines for years. But these days he cheers on the way the Trump business tax cuts have played…