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Minnesota Taxes and Tax Plans

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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 02, 2022

A closer look at the 2022 tax agreement

Minnesota’s 2022 Legislative Session ended on May 23 with much unfinished business, including a tax agreement reached by the House and Senate conference committee that was not enacted into law. This agreement reflected the two different philosophies that the Republican majority in the Minnesota Senate and the Democratic majority in the Minnesota House brought into those negotiations.

May 26, 2022

What passed, what’s unfinished business after end of 2022 Legislative Session

On Monday, the 2022 Legislative Session officially ended, but what did policymakers actually pass into law? With a his...

May 19, 2022

Minnesota Legislature passes bill on Unemployment Insurance Trust Fund, frontline worker payments

After months of negotiation, the Minnesota Legislature recently passed legislation that addressed three major issues of ...

April 21, 2022

House tax bill includes transformational changes to the Renters’ Credit

The Minnesota House has proposed revolutionary changes to simplify the Renters’ Credit and significantly expand the ...