Gov. Mark Dayton is asking Minnesota's wealthiest citizens to pay more than a billion dollars in new income taxes in order to boost state funding for schools and colleges by nearly $900 million.
Gov. Mark Dayton has no plans to capitulate on his proposal to raise income taxes on top earners to erase the state's projected $627 million deficit and provide more money for education.
Gov. Mark Dayton says his revised budget plan will include the same spending increases for education and economic development as his original proposal from six weeks ago, but he's hinting that the $500 property tax rebate from his first plan is likely to be scrapped.
The top Democrat in the Minnesota Senate says he thinks the state sales tax can still be expanded to some business transactions.
DFL Gov. Mark Dayton hinted strongly Tuesday that he plans to ease up on his plan to tax transactions between businesses.
This legislative session could be a good one for Minneapolis and St. Paul: With DFLers in control at the Capitol, Minnesota's two largest cities see opportunities to get more state money for their local priorities.
Gov. Mark Dayton said Monday that the state's improved financial picture will allow him to go back to the drawing board and perhaps curtail some of his tax proposals.
(The Daily Circuit,
The February economic forecast shows a $463 million improvement from November, when the projected deficit for the next biennium was at $1.1 billion.
Gov. Mark Dayton's sweeping proposal to overhaul Minnesota's taxes and raise about $2 billion in new revenue got its first public hearing last Wednesday night. The plan to raise income taxes on top earners and expand the sales tax while reducing property taxes drew passionate reactions.
Minnesota's budget debate kicks into a higher gear on Thursday when state finance officials set the parameters for a process that must conclude by mid-May.
Reaction to Dayton's proposed re-tooling of sales taxes, income taxes and property taxes has been mostly lukewarm, even among his fellow Democrats. Some are already looking at possible options.
Mayors from St. Paul, St. Cloud and several metro area suburbs say Gov. Mark Dayton's proposed budget will help them maintain services without a property tax hike.
A bill that would finance redevelopment around the Mayo Clinic's proposed expansion in Rochester is starting to move through the Legislature.
The patience of business owners is being tried more than ever, as Dayton and the Democrats who now control the Capitol mull a menu of tax increases that would primarily hit company ledgers -- just as most states are going the opposite way.
DFL Gov. Mark Dayton announced his two-year budget proposal nearly three weeks ago, but most of those tax and spending recommendations have not yet arrived in the House and Senate as bills.