No Agreement On Tax Increases 16 May 13

Only five days remain until the Minnesota Legislature must adjourn, and Democrats still have not agreed on how much they’ll be increasing taxes. Senate Republican Minority Leader David Hann is worried about rushing through legislation that affects all Minnesotans, while Democratic leaders say that movement is being made on the budget, and offers have been exchanged. A top-bracket income tax increase plus a temporary surcharge on high earners remain on the table, as does a cigarette tax increase, but negotiators have not agreed on amounts. There will also be some expansion of the sales tax to business activities, but not to clothing. The House has also pushed for an increase in the alcohol tax, but negotiators say that it is currently “not in the mix.”