Politicians usually try to be a bit subtle about this. Not Gov. Walz. Not only does his proposed budget include payments of $500 for single tax filers earning up to $164,400 and $1,000 for couples making up to $273,470, they are even calling these payments ‘Walz Checks’ — just in case you missed who it was that was giving you this cash.
I’m not making that up. The state government is forecast to take $9.2 billion more from Minnesotans over the 2022-2023 biennium than it said it needed when it passed its previous, record-breaking budget. Gov. Walz proposes to take $2 billion of this surplus and send everyone a check for $500 with his name stamped all over it.
But neither of these results in the voter receiving a check for $500 with Gov. Walz’ name on it.
The forecast surplus represents a historic opportunity for Minnesota to change course and adopt tax policies that could reverse our relative economic decline. To see your money, instead, being used as an election year slush fund is pretty nauseating. Whatever this is as politics, it is very poor policy.