High-tax Minnesota suffers when losing residents to other states
Taxes are not the only reason people move, but they are a factor. It is imperative state government policy tilts the table in Minnesota’s favor.
Taxes are not the only reason people move, but they are a factor. It is imperative state government policy tilts the table in Minnesota’s favor.
New data from the IRS lets us see which states Minnesota has been losing residents and income to, and which states we have been gaining them from.
Good public policy will be based on the best facts and data we have, not just the facts and data we find politically convenient.
A response to our Monday op ed in the Star Tribune highlights the pitfalls of replying to things before reading them.
IRS stats show that Minnesota has a net inflow of lower income residents. We reported these publicly available numbers. Bob Collins, formerly of MPR, said that was racist.
And it's not just the rich and elderly moving to lower-tax states.
By the time of his death in 1989, Sugar Ray Robinson, the best pound-for-pound boxer who ever lived - suffered from Alzheimer's disease and lived in relative poverty. Just as…
Despite representing hundreds of thousands of public employees who fall all along the political spectrum, government unions are notorious for almost exclusively financially supporting one political party and its affiliates.…
There is big money behind promoting wind and solar power. After all, the only reasons people build wind turbines and solar panels are because of government subsidies, state-level renewable energy…
The Lake Benton Wind (LBW) Farm in southern Minnesota is being retooled to improve turbine performance and reliability, but most importantly, it is being rebuilt to generate federal production tax…
Sen. Sanders took a laptop costing a few hundred dollars and produced Our Revolution: A Future to Believe In, for which he was paid $795,000.
The evidence shows that, when looking at 'quality of life' measures, low tax states do as well as high tax states.
Business columnist Lee Schafer wrote in Saturday’s Star Tribune that Minnesota “needs to take a look at its income tax.” Schafer began with the fact that Minnesota’s personal income tax…
Lower refunds are a result of more accurate withholding through the year. This has meant fewer and smaller interest free loans to the government, which is a good thing.
Kirk Cousins shows that a pay off to an investment is not guaranteed. That is why investment income is often taxed at lower rates. But at least we're not the…
A round-up of the last week’s economic news stories in Minnesota.
In an attack on our report on Minnesota's economy, City Pages claims that ‘Despite propaganda, Minnesota’s ‘high tax’ economy is crushing Wisconsin, Iowa’. But every bit of tax data cited…
The Associated Press had a great overview of the problem presented by the failure of Governor Mark Dayton to negotiate and sign a bill that would bring Minnesota income tax…
It has been decades since Congress addressed retirement plans in a comprehensive way; the Left is capitalizing on that by getting states to offer defined benefit plans for low-income private…
The Rochester Post Bulletin argues that high taxes are what makes Minnesota great. It makes this argument in contradiction of the facts and, even, to the studies it cites in…
All too often, the policy debates of today are simply refights of the battles of yesteryear. Because of this, old arguments often retain a modern relevance. Milton Friedman was an…
The passage of the federal Tax Cuts and Jobs Act in December, the biggest overhaul of the tax code in more than three decades, offered Minnesota an opportunity to look…
There is no shortage of economic data in the United States. If you want to look at it yourself to become better informed, where do you start? The Bureau of…
Taxpayers in high-taxing states are flocking to cheaper states. What does this mean for Minnesota? Join the Center at a lunch forum on Wednesday, February 21st, featuring economist and tax-reform…