North Dakota is promoting its business climate at Minnesota’s expense, and some politicians are not happy about it. The Greater North Dakota Chamber has created billboards that mock proposals in the Minnesota Legislature, including bills that would raise certain taxes.
With time running out in this year’s session, Minnesota lawmakers appear to be close to a deal for the next state budget. It doesn’t involve taxing clothing or any changes to the alcohol tax, but there will be some noticeable changes for some people.
Leading Minnesota lawmakers have sorted out a tax package that is the linchpin of the next state budget. The top two percent of income earners will pay two percent more on a portion of their income. The per-pack tax on cigarettes will rise by $1.60. Some corporate tax preferences will go away. But there won’t be any changes to the alcohol tax.
Minnesota taxes will rise by more than $2 billion in the next two-year state budget, but who pays how much on what is still being hammered out as the Legislature speeds toward a Monday deadline for the session’s adjournment.
The parents of a Wisconsin soldier killed in Afghanistan are backing a bill that would forgive state income taxes for military members killed in combat.
Minnesota’s tax haul for April was $153 million better than forecasters had expected, a strong month that probably has little effect on the trajectory of legislative budget talks.
Minnesota Senate Democrats passed a sweeping tax hike bill on Monday that includes a sales tax on clothing.
Minnesota’s Senate is gearing up for debate on a plan to repeal the longstanding sales tax exemption on clothes.
The Minnesota House on Wednesday approved a bill that would raise state taxes by $2.6 billion in part by enacting the state’s first alcohol tax increase in about 25 years.
Minnesota Senate leaders on Tuesday proposed a plan to raise more than $1.8 billion through tax increases on income, business property and tobacco, setting up an uncomfortable vote for some of their fellow Democrats from swing districts.
Minnesota’s tax refunds will soon be converted from paper checks to plastic cards as a cost-saving measure.
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.
Minnesota House Democrats are looking to fetch $2.5 billion by raising taxes on people with high incomes, those who smoke and those who drink alcohol.
It’s crunch time to file your taxes. This Monday is April 15 — Tax Day. The Internal Revenue Service says 97 million American taxpayers had already submitted their tax forms by the first of the month.
To help out last-minute tax filers, the Post Office at the Minneapolis-St. Paul International Airport will offer retail and collection services until midnight on April 15.
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