June 3, 2014

St. Cloud Times: State Finally Rescinds Tax Regressivity

media mention

By Jeff Van Wychen, May 31, 2014

During the past decade, state and local taxes in Minnesota became increasingly regressive, meaning that a growing share of taxes were paid by low- and middle-income residents and a shrinking share was paid by those at the top of the income ladder.

Now, thanks to the powerfully progressive tax act of 2013, that trend has been reversed.

However, from 2000 to 2010, tax regressivity in Minnesota nearly doubled based on data from The Institute on Taxation and Economic Policy. Contributing to this growth in tax regressivity were conservative policies that shifted an increasing share of public costs on to property taxpayers through real cuts in state aid to Minnesota counties, cities and school districts and other property tax relief programs.

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