Monthly Archives: March 2009

A few more numbers on the House budget proposal

On Friday, the House Ways and Means committee officially passed a budget resolution with a set of spending targets (which are the maximum spending limits for the FY 2010-11 budget biennium for each of the major finance bills). Representative Solberg also provided … Continue reading

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Taxing Itunes

Senator Bakk recently brought up an interesting revenue-raising idea that’s worth looking at: taxing the digital downloads from the internet of music, videos and the like. (Under current state law, internet digital downloads are not subject to the state sales … Continue reading

Posted in Taxes | Tagged , , , , | 2 Comments

Taxes at the turning point

We’re at that turning point in the legislative session where we are close to understanding the Governor’s budget proposal and starting to get a glimpse of what the legislature will do. The Governor’s revised budget does not make many changes to … Continue reading

Posted in Action Opportunity, Budget Process, Taxes | Tagged , , , | 1 Comment

Updated estimates of various tax increase proposals

Last month, the Minnesota Budget Project released a short brief on Revenue-Raising Options to Help Close Minnesota’s Budget Deficit, which outlined a number of tax proposals likely to be discussed this session. The brief includes estimates of how much revenue … Continue reading

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House budget plan is a mix of cuts, shifts, one-time resources and…revenues!

The House DFL caucus released their “framework” for balancing the budget this afternoon. The proposal uses a mixture of one-time resources (federal stimulus dollars and a shift in education funding), spending cuts and revenue increases. The House plan also balances the … Continue reading

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More budget information…and the cracks start showing

New information about the Governor’s budget is now available on the web. On the Governor’s website (these are the same documents we linked to on Tuesday): The Governor’s revised plan for balancing the FY 2011-12 budget The Governor’s revised plan … Continue reading

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Governor’s revised budget proposal has a few big changes

This morning we posed some questions to consider when the Governor released his budget today. As usual, we end up with more questions than answers. (You can view the Governor’s press release, his letter to legislators,  the revised budget plan for … Continue reading

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Governor's revised budget proposal has a few big changes

This morning we posed some questions to consider when the Governor released his budget today. As usual, we end up with more questions than answers. (You can view the Governor’s press release, his letter to legislators,  the revised budget plan for … Continue reading

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Governor’s revised budget to be released today: what to look for

The Governor’s revised budget proposal will be released at 2:30 today (the presentation will be in the Governor’s Reception Room at the State Capitol). In this revised budget, he will bring his budget back into balance based on the larger deficit figure in … Continue reading

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Governor's revised budget to be released today: what to look for

The Governor’s revised budget proposal will be released at 2:30 today (the presentation will be in the Governor’s Reception Room at the State Capitol). In this revised budget, he will bring his budget back into balance based on the larger deficit figure in … Continue reading

Posted in Budget Proposals | Tagged , , , | Leave a comment