Tag: 2019 Minnesota budget

Minnesota House Expected to Approve New Tax Bill

100% of new revenue is invested in E-12 education

SAINT PAUL, MINNESOTA – Today, the Minnesota House is expected to approve a new tax bill that would raise $1.2 billion in new revenue, largely by taxing corporations’ foreign profits, and invest it in education, health care, and safe and inclusive communities. The proposal comes as large corporations and the wealthy own increasing amounts of our economy, and destructive Republican budgets harm family economic security and limit opportunities for our children.

“With this bill, we are leveling the playing field for working families, farmers, small businesses, and senior citizens,” said Rep. Paul Marquart (DFL-Dilworth), Chair of the House Tax Committee. “Democrats are making Minnesota’s tax system fairer, we’re bringing in new revenue to build a great future, and we’re providing real tax reform, including greater transparency and accountability. This bill is a winner for the taxpayer.” Continue reading “Minnesota House Expected to Approve New Tax Bill”

House Tax Committee Chair Paul Marquart Reacts to Senate Republican Tax Bill

SAINT PAUL, MINNESOTA – On Monday, April 8, House Democrats announced a comprehensive tax bill that levels the playing field for Minnesotans after big corporations hit the jackpot with federal tax reform. Today, Senate Republicans announced their tax bill and shared it with members of the public for the first time – 16 days after Democrats released their plan to the public.

House Tax Committee Chair Paul Marquart (DFL-Dilworth) released the following statement in reaction to Senate Republicans’ tax bill.

“The Senate Republican tax bill is a starting point for negotiations with the House. Our approach provides a much better tax bill. Democrats are bringing in new resources to provide for the things Minnesotans are asking us to do, such as investing in schools, health care, economic security, and public safety. The House DFL tax bill builds a great future for all Minnesotans, no matter where you live or who you are. It levels the playing field for our working families, farmers, senior citizens, and small businesses after big corporations hit the jackpot with federal tax reform. And it makes our tax system fairer. Democrats have a winner for Minnesota taxpayers in our bill, and we’re proud to have shared it with members of the public for scrutiny and discussion more than two weeks ago.”

Gov. Tim Walz: My budget reflects the morals of Minnesotans

Credit: Greg Nash

Voters prioritized education, health care and community prosperity. So does my proposal.

Over the past two years, I have had the privilege to visit with Minnesotans in their communities. From Grand Portage to Luverne, Minnesotans have welcomed me into their schools, their VFWs, their coffee shops, and their homes.

As I traveled mile after mile and enjoyed countless conversations across the state, it became clear to me that there are three priorities the people of Minnesota share: education, health care and community prosperity.

The budget I unveiled last week will make significant strides in achieving these priorities. I have often said that a budget is not only a fiscal document — it’s a moral document. This budget reflects the morals of the people of Minnesota. This is the budget Minnesotans voted for by historic margins.

View the complete February 22 commentary by Gov. Tim Walz on The Star Tribune website here.