The state's new tax bill ends the homestead market value credit, which lowered property taxes on many homes. Forum Communications' Don Davis reports poor, rural areas will likely be among the hardest hit. Homeowners will get the details next month when "truth in taxation" statements arrive in mailboxes.
State leaders scramble to respond to budget surprise
Forum Communications' Don Davis says Minnesota leaders were so shocked by the budget forecast that they didn't know how to respond. They planned, of course, to blame the other side for what they assumed would be another deficit. Now they're hastily rewriting their talking points. Both Dayton and legislative leaders say they'll allow the money to sit in the bank for now, which the law requires.