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Tag Archives: Taxes

David Strom: A tax bill’s Legacy costs

The Minnesota Senate has gotten truly ambitious by pushing a plan to reform the sales tax, broadening the base and reducing the overall sales tax rate. By doing so they can appear to be lowering taxes, while in fact increasing the state’s tax receipts.

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House passes tax bill

After a steady flow of budget bills on the House floor that appropriate general fund money for the 2014-2015 budget period, the House on Wednesday night passed its tax bill that pays for the spending. The bill passed 69-64 with four members of the DFL majority voting against it.

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Senate Democrats add full Capitol restoration project to tax bill

FL Sen. Ann Rest offered an amendment to the omnibus Senate tax bill on Wednesday that would pay cash for the $203 million remaining on repairs to the more than 100-year-old building, as well as allow the state to enter a lease-to-purchase agreement to construct a new office building near the Capitol. Senate Majority Leader Tom Bakk said he didn't want to see the project, a priority for all four legilsative caucuses and Gov. Mark Dayton, held hostage in end-of-session negotiations.

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A tax overhaul, but what kind?

Myron Frans has been making the pitch for about two years now. The Minneapolis tax attorney turned revenue commissioner started his tenure in Gov. Mark Dayton’s administration out on the road, carrying with him a pair of stools to demonstrate the need for comprehensive changes to the state’s tax code.

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