How Minnesota taxes compare: A 2023 update
Since the Minnesota Management and Budget announced a historic surplus in November 2021, American Experiment has called on legislators to give that money back to Minnesotans through permanent income tax…
Since the Minnesota Management and Budget announced a historic surplus in November 2021, American Experiment has called on legislators to give that money back to Minnesotans through permanent income tax…
Mostly, the idea is to hire more bureaucrats. Hoping to avoid a repeat of the Feeding Our Future scandal, Minnesota Gov. Tim Walz has proposed a package of measures. Of…
Duluth Mayor Emily Larson can’t say no one warned her about the timing of her plan to put a tax increase for city parks on the ballot this year. The…
On August 10, Minnesota Management and Budget (MMB) released data showing that “general fund revenues totaled $1.307 billion in July.” This is $67 million (5.4 percent) more than was forecast…
Legislators returned this week from their Easter/Passover break and things really started moving at the Capitol. The House and Senate rolled out massive spending bills and began moving them through…
Minnesotans hand over a considerable chunk of their hard earned money to various levels of government: federal, state, and local. In 2020, Minnesota Management and Budget estimated that state and…
Gov. Walz is demanding 'fair shares' of Minnesotan's incomes. How do you define 'fair'?
If Minnesota closed its deficit by cutting welfare spending by $2.4 billion, the amount of welfare we spend per person in poverty would still rank us sixth highest in the…
The balance of empirical research on the effects of state tax rates on economic growth is clear: high tax rates and tax hikes slow economic growth and these negative effects…
The dollar amount of tax revenue seems far more likely to be a function of the size of the state’s economy than of its tax rates. If you want more…
Is the forecast surplus a nice little bonus for Minnesota's politicians? Or should it be left with the hardworking taxpayers who earned it?
If, with historically high revenues, they have failed to perform key tasks such as road maintenance, it isn't clear that a lack of money is the problem.
Cutting tax rates does not necessarily mean that tax revenues will fall. Indeed, they might move in opposite directions. Another piece of evidence for this comes from Britain.