Governor and lawmakers want to restructure taxes, but how?

There's bipartisan agreement on the need for "tax reform" but just what does that mean? Governor Dayton's revenue commissioner plans to spend six-to-eight months touring the state and collecting suggestions.
Author:
Updated:
Original:

There's bipartisan agreement on the need for "tax reform" but just what does that mean? Governor Dayton's revenue commissioner plans to spend six-to-eight months touring the state and collecting suggestions.

Next Up

aircraft-2385194_1280

Pair escape uninjured as plane crashes moments after takeoff

It crashed about a half mile southwest of Faribault Airport.

Screen Shot 2021-04-22 at 4.12.50 PM

For The Week: Making cocktails at home? Here's how to do it right

Lindsay Guentzel's For The Week column features simple food and drink tips.

coronavirus, covid-19

Mayo Clinic study provides 'best guess' about pandemic's future in MN

Minnesota could be seeing decreasing numbers into the summer if the study is correct.

daunte wright funeral - siblings

Mourners remember Daunte Wright, plead for justice

Wright was killed by a now-former Brooklyn Center police officer on April 11.

covid

HealthPartners: COVID hospitalizations driven by unvaccinated, middle aged adults

The health provider says the average age of its hospitalized patients is trending downwards.

Andrew Thomas booking photo

Man suspected of shooting at National Guard in Minneapolis faces more charges

He has now been charged in Hennepin County District Court with more serious crimes.

wetlands

Investigation finds EPA mishandled oversight for PolyMet mine permits

A new report found the EPA didn't follow its own procedures when it submitted comments on the proposed project.

baseball

MDH's new COVID guidance urges weekly testing for those involved in sports

Those not involved in school sports are still advised to get tested every two weeks.

Trey Lance

With loaded QB draft class, now is the time for Vikings to act

With a strong class, this year might be the time to select Kirk Cousins' successor.

Related

Minnesota retailers pressuring lawmakers to collect Internet sales tax

Republican Sen. Dave Thompson told the Star Tribune he isn't looking to collect more revenue, but feels the current policy is hurting Minnesota retailers, like Target and Best Buy. Supporters of an Internet sales tax argue online retail giants have an unfair price advantage right now.

Strong tax collections in May puts Minnesota ahead of revenue projections

Management and Budget Commissioner James Schowalter says better-than-expected sales tax collections last month helped pad Minnesota's budget. Since February, tax revenues have surpassed estimates by $148 million. An economic update will be released next month and a new budget forecast will be issued in November.

Tax panel chair doubts lawmakers would agree to stadium tax

Republican Greg Davids of Preston thinks the House Taxes Committee would reject any state tax increase to fund a new Vikings stadium. Davids says -- while the Vikings are important to the state -- voters don't want any tax raised.

Minnesota tax revenue in August beats projections

Tax receipts for August beat projections by 3.5 percent. Minnesota Management and Budget reports revenue from sales taxes and individual income taxes was strong. It's a turnaround from July, when revenue was lagging.

Ramsey Council Member owes $100,000 in taxes

Ramsey City Council Member David Elvig owes the state $100,000 in sales tax, according to an agreement Elvig reached with the Department of Revenue, the Star Tribune reports. The good news for him is that it's less than the $649,000 officials previously said he owed. He's the founder of E-Street Makers Inc. of Anoka, which produces custom furniture and cabinets. He separately faces 24 counts of theft and is accused of embezzling from his employees' 401(k) and group health and dental plans.

Drop in tax collections not as bad in Minnesota as elsewhere

The sour economy dented Minnesota's tax receipts in 2009. But we still moved up in the state rankings of per capita tax revenue.

Minnesota Senate passes GOP tax relief measures along party-lines

After two and a half hours of debate Friday, Republican Senators agreed to reduce and eventually eliminate the state’s property tax on businesses and give married couples an income tax break. The $100 million dollars in tax revenue would be covered with the state’s budget reserves. The House has passed companion legislation, but there are several differences. Gov. Mark Dayton does not support the proposal.