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Minnesota Taxes and Tax Plans

taxes

State tax policy that prioritizes everyday Minnesotans can expand economic opportunity, build thriving communities, and strengthen our economic future. However, tax policy can also widen income, wealth, and racial inequality if it primarily benefits those who are already doing well in today's economy.

We analyze individual tax proposals and full tax plans from the governor and legislative bodies, as well as the tax system overall, emphasizing the impact on everyday Minnesotans, tax fairness, and the ability of the tax system to raise the revenues needed to sustainably fund public investments that keep us moving forward as a state.

Research

June 2013

Budget choices in the 2013 Legislative Session take Minnesota in a better direction

The FY 2014-15 budget approved in the 2013 Legislative Session made significant progress toward making Minnesota's tax system fairer, investing in the state's future, and putting the state on firmer financial footing. This issue brief examines the details of the budget in health and human services, E-12 education, higher education, economic development and housing, and taxes. 

April 2013

'Fourth tier' would have little impact on small businesses

Governor Dayton's proposal to create a new income tax bracket on the highest-income Minnesotans creates the opportunity to raise adequate revenues and resolve the gap between what the state needs to fund basic services and revenues it can raise. The plan would not have a substantial impact on small businesses.

April 2013

Tax increases don't prompt high-income households to move out of state

Increased income taxes do not cause high-income households to leave a state, according to the experience of several states. Research shows that jobs, housing costs, climate, and family are the reasons high-income households move - not increased taxes.

April 2013

Governor Dayton's FY 2014-15 budget focuses on tax reform, financial stability, and investments

Governor Dayton's budget proposal seeks to reach important goals, including sharing the responsibility for funding public services more equitably, putting the state on firm financial footing. and investing in the building blocks of shared economic success.

Taxes and Tax Plans Blog Posts

June 24, 2019

Final tax plan boosts tax credits for working Minnesotans, but falls short on future stability

The 2019 tax bill agreed to by Governor Tim Walz and the Minnesota Legislature in the recently completed special legisla...

May 21, 2019

Global budget deal reached Sunday; more work needed to pass final budget

On Sunday evening after weeks of negotiations, legislative leaders and Governor Tim Walz announced a global budget deal....

May 17, 2019

All tax plans on the table raise revenues: the difference is how much and who benefits

The negotiations to reach a budget deal this session have at times been characterized as a debate between raising taxes...

May 06, 2019

Real people, real communities: Why maintaining the provider tax is so important

It’s hard to avoid news about the health care provider tax if you follow politics in Minnesota. Our state’s provider tax...