Monthly Archives: April 2009

How tax increases on high-income individuals effect small businesses

The House and Senate have both put out proposals that would increase taxes on the highest-income Minnesotans. I’ve heard legislators ask how many small businesses would be affected – good question! First, let’s walk through a few basic facts about … Continue reading

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House tax proposal focuses on balance in the tax system

The House tax committee saw the draft omnibus tax bill Monday.  Representative Lenczewski described the goals that the bill, available from the committee’s web page, attempts to meet. First, in order to meet House targets, the bill must raise $1.5 billion in … Continue reading

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Now is the time for a balanced approach to the budget shortfall

Tax bills are now being negotiated at the Capitol. We know that adequate funding for critical services is at stake unless policymakers pass a balanced approach to addressing the current budget shortfall. Now is the time when we must unite … Continue reading

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Budget cuts would have very real implications for Minnesotans

By now we’ve heard a lot about the spending cuts included in the Governor’s budget proposal, but it is often hard to translate how a dollar amount cut from the state budget impacts the everyday lives of Minnesotans. To help … Continue reading

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A fiscal note fiasco in the making

Right now, things are popping at the legislature as House and Senate committees are churning out omnibus budget bills. And it looks like every budget division will meet today’s (Thursday’s) deadline for passing out their omnibus bills…all but health and … Continue reading

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House Tax Committee considers some revenue options

Generally, the tax committees don’t pass individual tax bills during the legislative session, but rather hear a whole lot of options and then combine them into one “omnibus” tax bill. We’ll see the first draft of the House omnibus tax … Continue reading

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Sin tax increases in Minnesota?

Talk of “sin tax” increases has picked up at the state capitol. Two bills that would increase taxes on alcohol were heard in House Tax Committee on Wednesday, April 15. HF 1896 and HF 2125, both proposed by Representative Karen … Continue reading

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A primer on the Governor’s revised budget proposal

Everyone’s attention at the Capitol is now shifting from the Governor’s budget proposal to the omnibus bills that are quickly taking shape in House and Senate committees. The Governor’s ideas, however, are likely come back into play as final negotiations take … Continue reading

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A primer on the Governor's revised budget proposal

Everyone’s attention at the Capitol is now shifting from the Governor’s budget proposal to the omnibus bills that are quickly taking shape in House and Senate committees. The Governor’s ideas, however, are likely come back into play as final negotiations take … Continue reading

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Congressional Republicans offer alternative budget

One month after President Obama sent Congress his proposed budget for 2010 and in the same week that both the U.S. House and Senate were debating separate budget resolutions on the floor, House Republicans introduced their own proposed budget. The move appears … Continue reading

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