GOP bill to reduce business taxes and renters' refunds draws heated debate at Capitol

The bill from House Republican Greg Davids would immediately cut and eventually phase out business property taxes. The bill would also reduce tax refunds for renters.
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The bill from House Republican Greg Davids would immediately cut and eventually phase out business property taxes. The bill would also reduce tax refunds for renters.

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GOP lawmakers looking to slash business property taxes

The proposal would cut taxes by about 30 percent over the next six to 12 years. The House Taxes Committee Chairman Greg Davids told the Pioneer Press it would be the "bigger job creator." DFL Gov. Mark Dayton hasn't ruled out the Republican plan, but doesn't know how they plan to pay for the tax cut.

House passes tax bill over DFL objections

The Minnesota House approved a tax bill that would freeze business property taxes and create several new tax breaks. Governor Dayton and other DFLers say the freeze will drive up the state's budget deficit in the next biennium. The tax breaks include incentives for investing in startup companies and hiring veterans.

Reconciling House, Senate tax bills could be a taxing endeavor

They both want to phase out business property taxes but they don't agree on how ... or on much else. A roomful of Republicans will try to find common ground on how to change Minnesota tax policy as a legislative conference committee tackles House and Senate bills that are farther apart than you might expect.

Smaller tax cut bill also vetoed by Dayton

A scaled-back version of a Republican tax cut plan met the same fate as its predecessor when Gov. Mark Dayton vetoed the bill. Dayton said he could not sign a measure that would add to future deficits and reduce the state budget reserve. He also complained that the bill was aimed at cutting business taxes, without helping homeowners.

Abortion bills advance at Capitol

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Dayton rejects GOP effort to tie stadium to business tax cut

A bill introduced by three Republican state senators ties a $300 state loan for a new Vikings stadium to a phase-out of business property taxes. They say it would generate more business contributions to a stadium effort. Gov. Mark Dayton says it would push up other kinds of property taxes and he will oppose it.