Menu Search

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

February 2012

Supermajority requirement would limit financial flexibility, risking Minnesota's credit rating

Requiring a supermajority vote in both the House and Senate to raise taxes would raise concerns among credit rating agencies about the state’s financial flexibility and creditworthiness. A downgrade of Minnesota's credit rating could lead to higher costs to maintain our infrastructure.

February 2012

Supermajority amendment is wrong for Minnesota

This issue brief provides an overview of the proposed supermajority amendment's mechanics and reasons it is wrong for Minnesota. A supermajority requirement would lead to more government gridlock, encourage budget gimmicks, create pressure to increase other revenue sources, impede tax reform, and threaten the state's credit rating.

January 2012

Constitutional budget limits would put Minnesota's future at risk

Amending the Minnesota Constitution to limit lawmakers' ability to use available resources or decide the size of the state budget would endanger the state's economic future. Three proposed constitutional amendments would limit lawmakers' ability to respond to changing circumstances and needs. They would result in legislative gridlock and more budget gimmicks, ultimately putting the state's future at risk.

August 2011

2011 budget decisions will undermine current recovery and hurt state's long-term economic success

After a nearly three-week government shutdown, Governor Dayton and the Legislature finally agreed to a budget for the state's FY 2012-13 biennium. The agreement delays $2.2 billion in payments to school districts, borrows $640 million through tobacco bonds, and reduces funding for vital public services by more than $2 billion. This analysis examines the impact of these decisions on K-12 education, health and human services, higher education, jobs and economic development, public safety, transportation, and taxes.

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...