Yesterday, the House Taxes Committee discussed HF170, which would reduce the rates imposed under the estate tax by 1.6 percentage points per year, over a 10-year period, until each rate is zero. In…
Palo Alto’s Emerson Collective LLC appears to have done exactly that in the case of an Assistant Commissioner slot at the state Department of Employment and Economic Development (DEED). In…
MacKenzie Scott, the ex-wife of Amazon’s Jeff Bezos, made headlines yesterday for giving away a small part of her massive fortune to a handful of Minnesota nonprofits. The Minneapolis Star…
The DFL sold the state’s politics to out- of-state interests — and it was a fire sale.
23 of America’s richest billionaire families donated to Minnesota Democrats (DFL) in the past three years. Collectively, they donated over $6.2 million to the MN DFL in that time. These…
Tech giants from the left coast were big donors to state Democrats in this last election cycle. The names of some Silicon Valley heavyweights can be found among the big-dollar…
Now that were are up to Part 10 of our Minnesota For Sale series, we pause to provide the reader with a recap. The series documents how Minnesota Democrats sold…
It’s probably a miracle the ban on Congressional earmarks ushered in by the GOP in 2011 lasted as long as it did. From the looks of it, members of Congress…
Yesterday I wrote about how Minnesota is losing residents to other states. Many factors go into an individual’s decision as to where to live, work, and play. But, as we…
Today we launch the third of our new Policy Briefings: ‘Abolish Minnesota’s estate tax.’ Minnesota imposes heavy estate taxes. We are one of 12 states and the District of Columbia…
Last week, we released our new paper ‘The State of Minnesota’s Economy: 2020‘. In it, we argued that Minnesota’s economy is being held back by its excessively high taxes. Chief…
Yesterday, I testified in the House Committee on Taxes in opposition to HF 1689, a bill brought by Rep. Aisha Gomez (DFL) which would abolish the ‘stepped up’ basis of…
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…
The evidence suggests that politicians in St. Paul would have more revenue to spend if they got rid of the estate tax.
Research shows that 'the rich' mostly worked to get rich, many really did 'pull themselves up by their bootstraps', and that people who are 'the rich' today might not be…
The purpose of taxation is not to bash the rich but to raise revenue to pay for government functions. Minnesota should repeal its estate tax.
The purpose of tax is to raise money to pay for government functions. On this score, Minnesota's estate tax is a loser and it should be repealed.