ST. PAUL, Minn. (AP) — Gov. Mark Dayton has signed a bill to bring Minnesota’s tax system into line with federal tax changes made in 2010 and guarantee about $13 million in state tax reductions to Minnesotans.

The action by Dayton and state lawmakers from both parties who passed the bill extends the income exclusion for health insurance to benefits for adult children up to age 26. It also provides state income tax deductions for higher education tuition expenses, classroom expenses for teachers, and deductions to Minnesota businesses for their charitable contributions of used computers.

The new law also authorizes the Minnesota Department of Revenue to release $97 million in business tax refunds that were delayed last year to help then-Gov. Tim Pawlenty balance the state’s budget.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments (5)
  1. Joe Hanson says:

    Teachers should NOT have to spend their own money on classroom supplies!

  2. Keeping it real says:

    Dayton is off to a good start — true to his word. Thank you Dayton & congress for recognizing MN workers and families.

  3. ? says:

    What supplies do the Teachers have to buy?

    1. Kerri Conlin says:

      I buy most of my classroom book library. I have bought storage bins, markers, lots of paper, pencils, pens, printer ink, cool looking paper for my students to print poems on, along with party supplies, and s’mores to eat while reading our writing around a campfire (made from lights) that my fellow teachers and I bought to make writing more fun. Do I have to buy these things? No, but I want kids to have the things that they need to enjoy learning and things that they will remember doing in fourth grade. I don’t know of a teacher that doesn’t spend loads of money to help students.

  4. Brad says:

    So this is what a tax and spend liberal looks like? Cutting taxes and cutting spending? What are the uneducated right complaining about again? It’s so hard to understand sometimes….

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Watch & Listen LIVE