On April 28, President Joe Biden unveiled “The American Families Plan”, a $1.8 trillion spending proposal aimed at families and children. The program will be funded partly by raising the…
Minnesota is a high-tax state — this is not news. When looking at our state’s tax burden altogether, we are among the top 10 in the nation. Minnesota ranks high on…
Two years ago, Gov. Walz proposed raising Minnesota’s gas tax by 20¢ — a 70 percent hike. The proposal did not pass. House representatives have brought another proposal to raise the…
Joe Biden just unveiled his $2 Trillion infrastructure plan — The American Jobs plan. Among other things, he is proposing to raise the federal corporate income tax rate to 28%.…
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…
Despite evidence showing how detrimental high taxes are to economic growth, Gov. Walz is calling for tax hikes. What’s more surprising? He is not the only one. A bill was…
Yesterday, my colleague Bill Walsh asked: “Are state tax cuts possible with new federal stimulus bill?” Senate amendments to the American Rescue Plan Act prohibit the use of any of the $350 billion in…
On Wednesday, a Minnesota House division approved a bill that would raise taxes on cigarettes, cigars, and tobacco products. Indeed, if it becomes law, this bill would increase the tax…
If you drive a car, I’ll tax the streetIf you try to sit, I’ll tax your seatIf you get too cold, I’ll tax the heatIf you take a walk, I’ll…
In our recent report ‘Closing Minnesota’s Budget Deficit: Why we should make spending cuts and not raise taxes‘, we wrote that our state has the fourth highest top rate of…
Banning flavored tobacco did not decrease tobacco consumption in Massachusetts. It merely shifted sales to neighboring states.
Cigarette taxes are already so high in Minnesota. Raising them further will do very little to reduce smoking. However, it will make cigarette smuggling even more profitable.
(Golden Valley, MN) Center of the American Experiment today urged Gov. Tim Walz to immediately drop his proposals for tax increases totaling over $1.6 billion for the next biennium in…
Minnesota’s legislature must balance COVID with the economy.
Comparing border counties reveals the real impact of Minnesota’s economic policies.
This is while other states are reducing their corporate income tax rates.
What is fair when it comes to taxes is hard to strictly define and probably fluctuates from person to person. However, the most recent data shows that in 2018, not…
If people don't like policy in this state, they will relocate their activity to other states.
Gov. Walz's proposed tax hikes would be a bad idea. Here's why.
Higher taxes on cigarettes encourage smuggling.
Minnesota’s policymakers should abolish our estate tax.
The reality is that on average Minnesotan's shoulder a higher tax burden compared to other states.
According to the Annual National Migration Study, in 2020, Americans migrated to states that had, among other things, more favorable tax environments. Minnesota, on the net, lost residents to other…
Minnesota’s spending is already historically high.