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Tag Archives: Sales Tax

Sales tax plan is a hard sell

If his 2013 budget proposal is any indication, Democratic Gov. Mark Dayton intends to make history. The document landed on Tuesday, containing some of the most significant proposed tax overhauls and increases in Minnesota in decades.

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New governors face mountainous deficits

Twenty-six states elected new governors last month - 17 Republicans, eight Democrats and one independent - and now they are going to have to reconcile their principles and campaign promises with some harsh fiscal realities: This is the worst budget climate for the states in at least a generation.

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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.

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