House DFL tax plan has surcharge on high earners, less aid than Mayo sought

Author:
Updated:
Original:

DFLers in the Minnesota House unveiled a tax plan that would increase state revenue by $2.6 billion, largely through higher income taxes on the wealthiest residents and hikes on cigarette and alcohol taxes.

While Gov. Dayton and state Senate leaders have also endorsed a new income tax bracket for high earners, the House plan also includes a two-year surcharge on the wealthiest Minnesotans. That money would be used to pay off the state's debt to its school districts.

Republican leaders labelled the plan "taxes gone wild."

The Associated Press reports the measure would allocate less money for improvements in Rochester than the Mayo Clinic is seeking. Mayo has said $500 million in upgrades to infrastructure are needed for the clinic to proceed with a 20-year, multi-billion dollar expansion. The House would authorize $300 million in state money, with an option for Rochester and Olmsted County to put in another $100 million, the AP says.

The House plan will need to be reconciled with those of the Senate and Governor Dayton in coming weeks. As MinnPost reports, all of the plans involve tax increases but each has its own variations.

The Senate tax plan includes lowering the state sales tax and extending it to currently untaxed services, in a move reminiscent of the tax overhaul that Gov. Dayton proposed and then dropped.

Next Up

Halloween, trick-or-treating

Osterholm on safe trick-or-treating: 'I would say go ahead with it'

The infectious disease expert's opinion doesn't align with the CDC's guidance.

drop and go ballot plymouth

It's too late to mail your ballot, but you can still vote. Here's how.

Voters can drop off their absentee ballot, vote early in-person or head to the polls on Election Day.

2019-12-11 f1rst Wrestling Hanukka Havok-Darin Kamnetz-154

Dusting itself off after virus blow, F1rst Wrestling returns to the ring this Sunday

Minnesota's premier independent wrestling company was on top of the world before the virus hit.

1024px-McD-McRib

McDonald's is bringing the McRib back in December

It hasn't appeared on menus for eight years.

Apple Valley High School

2 more Twin Cities districts moving to distance learning for grades 6-12

The decision was announced as infection rates in Dakota County rise.

covid-19 testing site sign

Here are the 4 free COVID-19 testing sites in MN for the week of Nov. 2

People don't need to have symptoms or insurance to get tested for free.

minnesota zoo

Minnesota Zoo launches activities to get people embracing nature

The zoo is hosting a pumpkin scavenger hunt and a "Do the Zoo, Not Zoom Day."

teacher, coronavirus, covid-19, school, classroom

25 counties have COVID-19 infection rates associated with distance learning

County-level data is no longer the only source districts have to rely on to make informed decisions about which learning model to use.

Jason Lewis and Tina Smith

Election 2020 preview: Minnesota's Senate race

Incumbent Tina Smith will take on former Congressman Jason Lewis.

Related