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Tag Archives: 2014-2015 budget

How much money does raising income taxes on top 2 percent generate?

Gov. Mark Dayton and DFL legislative leaders have agreed to create a fourth tier income tax rate for households that make upwards of $250,000 in taxable income and individual filers with incomes above $150,000 -- or roughly 2 percent of Minnesota filers. That agreement is part of a broad budget framework that DFL leaders announced on Sunday.

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