Labor market Minnesota Reformer: December jobs report: Wages up, hiring steady as job market ends year strong Crow River Media: Rural jobs grew a percentage point in September, but the…
Beneath the surface Minnesota's economy shows inherent weakness.
Minnesota has above average corporate taxes and below average levels of entrepreneurship. Research suggests the two are linked.
A recent paper from the Federal Reserve shows that we can expect states with high corporate tax rates to perform poorly on entrepreneurship. Minnesota has high corporate tax rates and…
It is no secret that Minnesota is one of the most highly taxed states in the union and that applies to excise taxes. New data from the Tax Foundation shows that, in fiscal year…
It is finally Tax Freedom Day in Minnesota, eight days after the national day. Every time in those last eight days that you have dragged yourself out of bed, commuted…
Minnesota's corporate tax rate is the third highest in the United States. For the sake of future economic growth, we should hope that Rep. Joe McDonald's bill proposing a modest…
Minnesota is one of only eight states to have an Alternative Minimum Tax for its corporations. This is more hassle than it worth and we recommended its repeal in our…
UPDATE (1/25/18): The list of Minnesota companies sharing the financial benefits of the Tax Cuts and Jobs Act with their employees and communities just got longer with the addition of…
Minnesota scores a low rank for economic freedom. Its high tax burden is to blame.
Fiscal policymakers have accepted for centuries that taxes act as a negative incentive on whatever is being taxed. That doesn’t always keep them from taxing.
Understanding the problems with Minnesota’s tax code first requires an understanding of the principles that should guide the state’s tax policy. Sound tax policy should promote three core principles...