The first pawn in a months-long budgetary game of chess has been played.
Calling it the “Minnesota’s COVID-19 Recovery Budget,” Gov. Tim Walz unveiled his $52.4 billion 2022-23 budget proposal Tuesday, that includes tax increases on the wealthiest Minnesotans and big corporations, further assistance for struggling smaller businesses, help for students falling behind and dipping into the state’s budget reserve.
“We know that when workers are supported, when children are supported, when quality of life is supported, it creates an economic environment where things thrive,” Walz said. “We’re going to ask those that are most fortunate and those corporations that have profited during this time to pay a fair share to make sure we can continue to provide the services we need. Continue reading.