NPR Planet Money: Inside the Economic Minds of the VP Candidates
media mentionFOUNTAIN: Yeah, let’s talk about that for a second. Tax policy is our wheel house. Tell us about the tax policies of Walz.
ROSALSKY: So, to set the scene a little bit, according to the Institute on Taxation and Economic Policy, most states in our country actually have somewhat regressive tax systems. They tax the rich at lower rates, and therefore are tax systems that aren’t progressive at all. Walz helped make Minnesota one of the few tax systems in the country that is progressive. And he did this through a series of tax cuts and rebates and credits for low- and middle-income Minnesotans, and a series of moderate tax hikes on the rich.