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Price of Government in Minnesota
Price of Government in Minnesota
Price of Government in Minnesota
But I keep hearing were increasing taxes and government spending is going up?
The Minnesota legislature balanced the budget this year through a mix of spending cuts and revenue increases that ask the states wealthiest earners to pay their fair share. The changes mean ALL Minnesotans are paying their fair share now and that means as a whole, were all paying less of every dollar to state and local governments.
So instead of the picture Republicans are painting our future here in MN is looking better?
Thats right! And not only is the price of government going down, but so are other factors like property taxes. In 2014, statewide property taxes are estimated to be reduced for the first time in a decade.
Extra Facts:
2013 End-of-Session POG Report
Those of us with long-term memories may remember the highest price of government in the mid 1990s, when every Minnesotan was paying nearly 18 cents for every dollar they earned. By balancing the states budget for the long-term, reducing property taxes, and enacting $2 billion worth of budget cuts since 2011, the Minnesota Senate DFL has successfully lowered taxpayers costs.
And its not a one-time lower tax bill the cost will continue to go down for at least the next four years.