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02/01/23
  • Transportation
  • Minnesota Taxes and Tax Plans
  • Minnesota Budget
  • Immigration
  • Minnesota Tax Credits
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  • Minnesota Budget Plans
  • Minnesota Taxes

Governor Walz releases FY 2024-25 budget priorities

In his proposal for the two-year FY 2024-25 budget cycle, Governor Tim Walz proposes $11.2 billion in additional funding for public services, with the largest amount of new dollars going toward education, economic development, and health and human services. He also proposes $5.4 billion in tax reductions in FY 2024-25, with the biggest component being a one-time tax rebate. Read more in our blog.
01/25/23
  • Minnesota Taxes
  • Federal Issues
  • Federal Taxes
  • Minnesota Taxes and Tax Plans
  • Minnesota Tax Credits
  • Poverty
  • Racial Equity

Child poverty declines sharply thanks to federal Child Tax Credit expansion

Winter mom boy in snow AdobeStock
Thanks in part to improvements policymakers made to the federal Child Tax Credit (CTC), recent U.S. Census data show that from 2019 to 2021, child poverty fell a remarkable 59 percent. Minnesota policymakers should build on that success and create a state Child Tax Credit.
06/02/22
  • Minnesota Tax Credits
  • Minnesota Taxes and Tax Plans
  • Minnesota Taxes

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.
05/26/22
  • Minnesota Budget
  • Minnesota Taxes and Tax Plans
  • Minnesota Budget Plans
  • Minnesota Taxes

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...