Lawmaker Seeks Compromise On Property Tax Classification That Could Cost Cabin Owners BigMinnesota Sen. Tom Bakk finds himself in the middle of a controversy that he hopes will be sorted out at the State Capitol.
'It Is Very Concerning': Tax Increase Could Have Some Minnesota Cabin Owners Paying Triple For Their PropertyA change in the new year could have some Minnesota cabin owners paying triple for their property.
Loss In Trust Account Tax Case Could Cost Minnesota MillionsA court defeat in a case over the way Minnesota taxed trust accounts in other states could end up costing about $130 million this budget cycle.
Budget Agreement Could Result In First Tax Cut In 2 DecadesYou'd have to go all the way back to 1999 -- the first year Jesse Ventura was Governor -- to find the last time the legislature passed an income tax cut.
2% Medical Provider Tax A Major Sticking Point In Budget Discussions"In the $12 billion of tax increases over the next four years, we couldn't get them to lower one of them," Republican Senate Majority Leader Paul Gazelka said.
Senate Republicans Unveil Tax Bill With Income Tax CutRepublicans who control the Minnesota Senate have unveiled a tax bill they say will benefit all Minnesota taxpayers and provide tax cuts to half of them.
Reality Check: Who Actually Got Those Promised Tax Cuts?Thirty-five percent of U.S. taxpayers say they got a smaller refund than last year, and 18 percent who got a refund last year owe money this year.
No Budget Agreement Yet With Weeks Left In Minnesota SessionThe DFL-controlled House just released its budget, asking for $1.2 billion in new spending on education, health care, and social services.
House Democratic Bill Hikes Corporate Taxes To Help SchoolsMinnesota House Democrats have unveiled a tax bill that includes $1.2 billion in higher taxes, mostly on corporate foreign profits, and they propose to spend about three-fourths of the new revenues on education.
Walz Urges Lawmakers Not To Let Tax On Health Care Providers ExpireWalz is up against Republicans who want to let the tax expire. House Minority Leader Kurt Daudt says keeping it would raise health care costs for all Minnesotans.
Reality Check: Tax Refund ShockThousands of Minnesotans may be shocked when they fill out their taxes this year.