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Recently on our blog…- Tax debate ends with one bill signed, one pocket veto May 14, 2012 Nan Madden
- A few pieces from vetoed tax bill find a home in House File 2690 May 9, 2012 Nan Madden
- Scaled-back tax bill still raises unanswered questions about the future May 9, 2012 Nan Madden
- Tax cuts are a risky way to try to stimulate state’s economy May 4, 2012 Nan Madden
- Tax conference committee avoids cuts to renters’ property tax refunds, passes tax bill April 30, 2012 Nan Madden
Category Archives: Taxes
Constitutional tax and budget amendments create practical problems, taxpayer group says
The Minnesota Taxpayers Association warns that constitutional amendments that limit the state’s budget choices would have negative impacts and unintended consequences. “Constitutional amendments that constrain fiscal decision making have popular appeal but their philosophical problems and the practical mischief they can introduce into … Continue reading
House omnibus tax bill makes dramatic cuts to renters’ property tax refunds
Last month we discussed dramatic cuts to the Renters’ Credit passed by the House Property and Local Tax Division. Those cuts were used to pay for a reduction in the statewide business property tax. The cuts have been amended into … Continue reading
Agreement is growing: constitutional budget amendments are wrong for Minnesota
The drumbeat of opposition to proposed constitutional budget amendments continues to grow. Individuals, organizations and the news media are increasingly speaking out against amending the state constitution to impose strict restrictions on budget decisions. Minnesota newspapers have featured a number … Continue reading
Posted in Constitutional Amendments, Economy, Taxes
Tagged constitutional amendments, constitutional budget amendments, supermajority, supermajority amendment
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Supermajority requirements are no guarantee of economic success
The reasons to oppose a supermajority requirement to raise state taxes keep coming in. The Center on Budget and Policy Priorities recently released Six Reasons Why Supermajority Requirements to Raise Taxes Are a Bad Idea. I’ve previously written about the … Continue reading
Posted in Constitutional Amendments, Economy, Taxes
Tagged constitutional budget amendments, Economy, jobs, state economies, state taxes, supermajority, unemployment
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Proposal asks Minnesota’s renters to pay the price to end business property tax
Here we go again with another proposal to dramatically cut the Renters’ Credit, a property tax refund for about 300,000 low- and moderate-income Minnesota households. It refunds a portion of the property taxes that renters pay through their rents. More than one-quarter of … Continue reading
Posted in Economy, Taxes
Tagged business property tax, Minnesota budget, property tax refund, property taxes, renters credit, state budget
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One likely unintended consequence of a supermajority amendment
Minnesota could see pressure to increase property taxes if a constitutional supermajority amendment is adopted, according to a new Minnesota Budget Project analysis. Our report warns that restricting legislators’ ability to raise taxes would make it harder to provide the … Continue reading
Posted in Budget Process, Constitutional Amendments, Taxes
Tagged constitutional amendments, constitutional budget amendments, property taxes, supermajority
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Momentum against constitutional budget amendments is building
It wasn’t too long ago that most Minnesotans had not heard about proposed constitutional budget amendments that the Legislature could take up this session. The amendments would create more government gridlock and budget gimmicks, and remove policymakers’ flexibility to respond … Continue reading
Our Priorities for Minnesota
As the Legislature opens the 2012 session today, the Minnesota Budget Project is out with our policy agenda. We will focus on dangerous constitutional budget amendment proposals and improving health care in Minnesota. We’ll also watch for any new efforts … Continue reading
Support the Minnesota Budget Project on Give to the Max Day
It’s Give to the Max Day, when thousands of Minnesotans say a special thank you to the nonprofits they value. Please add the Minnesota Budget Project to your list of donations today. Your gift will help us continue our work … Continue reading
Posted in Action Opportunity, Economy, Taxes
Tagged balanced approach, Economy, Give to the Max Day
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