Skip to main content

House DFLers propose surcharge on the wealthy to repay schools

  • Author:
  • Updated:

An income tax hike for the highest-earning Minnesotans has been part of the budget conversation at the Capitol for months. Now House DFLers have added another layer -- proposing a temporary income tax surcharge on the state's wealthiest one percent to pay back money the state borrowed from its school districts.

Minnesota still owes more than $800 million to the schools after borrowing money to cover past budget deficits.

The Star Tribune reports the proposed surcharge would affect those earning more than $500,000 a year and would last for two years.

MPR's report quotes House Minority leader Kurt Daudt saying Democrats want Minnesota to be number one in higher taxes. DFLers in the Senate will release their budget outline Wednesday. Majority Leader Tom Bakk tells MPR he's not sure he wants to put Minnesota among the top five states in any tax category.

Gov. Dayton's budget proposal does call for paying off the school debt this year. He's said he wants to boost state education funding, but is content to let the IOU wait until next year.

Next Up

cold, wind chill, freezing

It's going to be stupid cold again Tuesday and Wednesday

They'll almost certainly be the 10th and 11th days with subzero temps this month.

Akoya Lee

Byron native Akoya Lee sets NCAA record for points in a game

The Kansas State forward broke a record shared by former Gopher Rachel Banham.

Williams Uptown Pub

Williams Uptown Pub & Peanut Bar closes indefinitely after shooting

Reports say police have arrested two suspects in the incident.

Alex Rodríguez

A-Rod wears a Packers hat, Minnesotans lose their minds

The Timberwolves co-owner didn't endear himself to his fan base on Saturday night.

Flickr - Minneapolis police squad - Chad Davis

Police: Man shoots into crowd at funeral reception in Minneapolis

The shooting happened at a reception following a funeral on Saturday afternoon.

Screen Shot 2022-01-23 at 8.37.27 AM

Watch: Jimmy Garoppolo says 'F*** the Packers' after playoff win

The 49ers quarterback congratulated Robbie Gould in spectacular fashion.

Aaron Rodgers

America dunks on Aaron Rodgers after loss to 49ers

The Packers quarterback was destroyed on social media on Saturday night.

Marcus Foligno

Foligno's OT winner gives Wild fans a happy Hockey Day

A slow start gave way to the Wild's fifth win in the past six games.


Winter weather advisory issued as Saturday snow arrives

Not huge totals expected, but any snow will likely impact travel.