Following a hush-hush courtship, top Minnesota lawmakers acknowledged Tuesday that they are compiling a multi-million dollar package of public subsidies and tax breaks to encourage an Illinois-based pharmaceutical firm to add 200 high-paying jobs and undertake a substantial construction project in their state.
The up-to-$500 tax rebate for every Minnesota homeowner under Gov. Mark Dayton’s budget plan stirred sharp disagreement Tuesday about whether it comes at too steep a price and if the breaks would be washed out by other property tax increases.
The Minnesota Senate voted Friday to reduce and eventually eliminate the state’s property tax on businesses and to give an income tax break to married couples.
The odds of your paycheck getting smaller next year just a got a lot greater.
DFL gubernatorial candidate Margaret Anderson Kelliher is proposing a seniors-only property tax break.