Please ensure Javascript is enabled for purposes of website accessibility
Recent News
Home / Budget / Taxes (page 52) /

Budget / Taxes

GAMC deal notwithstanding, governor and Legislature not bonding over bonding bill

When we caught up with House Capital Investment chair Alice Hausman, DFL-St. Paul, after this morning's Finance Committee hearing, she summed up the continuing back-and-forth between the two sides this way: "I'm growing increasingly pessimistic over the chances that we will get to a point where the governor will sign a bonding bill without line-item vetoes. It's beginning to seem outside the realm of possibility."

Read More »

Details of new GAMC proposal emerge

The shuttle diplomacy that's been taking place since Monday's failed House override of Gov. Tim Pawlenty's GAMC veto may be bringing the Legislature and the Pawlenty administration close to a deal. Sen. Linda Berglin offers a few details.

Read More »

Paper trail: Bakk’s budget plan

Senate Taxes Committee Chairman Tom Bakk, DFL-Cook, this morning proposed to add clothing to the state's sales tax in order to payback last year's K-12 school aid shift and reduce the current budget deficit. While expanding the sales tax base, Bakk also wants to lower the sales tax rate from 6.5 percent to 6.25 percent. Minnesota is one of five states that don't tax clothing sales.

Read More »

Bakk readying tax proposal

State Senate Taxes Committee Chairman Tom Bakk is preparing a tax proposal that will differ considerably from the budget-cutting package that his House counterpart, Rep. Ann Leczewski, offered last week.

Read More »