Minnesota
State Rundown 5/24: Several States Scramble to Finalize Budgets
May 24, 2017 • By ITEP Staff
This week, Kansas lawmakers continued work on fixing the fiscal mess created by tax cuts in recent years, as legislators in Louisiana, Minnesota, Oklahoma, and West Virginia attempted to wrap up difficult budget negotiations before their sessions come to an end, and Delaware lawmakers advanced a corporate tax increase as one piece of a plan to close that state's budget shortfall. Our "what we're reading" section this week is also packed with articles about state and local effects of the Trump budget, new 50-state research on property taxes, and more.
Minnesota Budget Project: Undocumented Immigrants Pay $83 Million in State Taxes, Would Pay More with Immigration Reform
March 9, 2017 • By ITEP Staff
Undocumented immigrants play a vital role in Minnesota’s economy and currently pay an estimated $83 million in state and local taxes, according to a new report from the Institute for Taxation and Economic Policy (ITEP). Under immigration reform that provides a path to legal status, ITEP estimates these contributions would substantially increase.
CBS News: Is your state next to raise its gas tax?
October 14, 2016 • By ITEP Staff
“’There has been a lot of procrastination,’ said Carl Davis, research director of the Institute on Taxation and Economic Policy. ‘It’s an issue that the states cannot put off any longer. There are 21 states which have gone a decade or more since the last time they increased their gas tax rate. These states have […]
Minn Post: Tax and Spin: Most Families in Wisconsin, it Turns Out, Would Save on Taxes by Moving to Minnesota
August 17, 2015 • By ITEP Staff
For years, Wisconsin has had some of the highest residential property taxes in the country. The result is that across every income bracket, homeowners in Wisconsin pay a higher share of their income to property taxes than those in Minnesota, according to data compiled by the Institute on Taxation & Economic Policy, a nonpartisan think […]
Iron Mountain Daily News: Meanwhile, in Minnesota
July 2, 2015 • By ITEP Staff
Hey, Michigan, look over here. Look west. OK, that’s Ironwood, which is still in Michigan. A little further. There you go. Hi. Minnesota’s the name. So you’ve got some state budget issues and you want to increase the gasoline tax. In Michigan, families earning from $17,000 to $34,000 pay 9.4 percent of that income in […]
Minnesota Department of Revenue: 2015 Minnesota Tax Incidence Study
March 13, 2015 • By ITEP Staff
“Given the questions raised about how Minnesota compares to other states, this section summarizes the results of a 50-state study of state and local tax incidence. That study, entitled Who Pays? A Distributional Analysis of Tax Systems in All 50 States (5th Edition), was published by the Institute on Taxation and Economic Policy (ITEP) in […]
Minnesota Radio: Minnesota among highest-ranked states for tax ‘fairness’
January 15, 2015 • By ITEP Staff
“Minnesota has one of the least regressive tax structures in the country, according to the Institute on Taxation and Economic Policy, which has released a study of individual state’s tax policies to determine whether middle- and lower-income residents are shouldering more of the burden. For the record, Minnesota’s tax system isn’t fair. But neither is […]
Twin Cities Daily Planet: Minnesota state, local taxes fairer than most, report finds
January 15, 2015 • By ITEP Staff
“Minnesota’s tax structure is among the fairest in the country, according to the results of an annual analysis of state and local tax systems released today by the nonpartisan Institute on Taxation and Economic Policy. The report, “Who Pays,” looks at how states generate tax revenue – and how much it costs taxpayers at different […]
Minnesota Post: In study on tax fairness, Minnesota looks … fair
January 15, 2015 • By ITEP Staff
“In The Washington Post, Niraj Shoshi reports, “State taxes favor those with the highest incomes. That’s according to a new report by the Institute on Taxation and Economic Policy report, which finds that on average the bottom fifth of earners pay proportionally twice as much of their incomes in state and local taxes as the […]
Pioneer Press: Fridley-based Medtronic refutes allegations of tax avoidance
July 17, 2014 • By ITEP Staff
“Medtronic officials are pushing back against widely published suggestions that the company’s proposed acquisition of Ireland-based Covidien is motivated primarily by a desire to avoid U.S. taxes… “Tax experts and financial analysts have speculated that the inversion deal would let Medtronic invest its overseas cash in the U.S. while potentially avoiding billions in taxes. The […]
St. Cloud Times: State Finally Rescinds Tax Regressivity
June 3, 2014 • By ITEP Staff
However, from 2000 to 2010, tax regressivity in Minnesota nearly doubled based on data from The Institute on Taxation and Economic Policy.
Twin Cities Daily Planet: New reports underscore growing wage and income disparities
September 11, 2013 • By ITEP Staff
(Original Post) By Jeff Van Wychen, Minnesota 2020 September 09, 2013 Two recent reports—the first from the Minnesota Budget Project and the second from Growth & Justice—underscore different aspects of the same distressing economic trend: lower- and middle-income households’ deteriorating earning and purchasing power. “In the Shadow of the Great Recession: The State of Working […]
Minnesota Post: Minnesota growth formula could help Detroit recover
August 12, 2013 • By ITEP Staff
New residents, immigrants and refugees specifically, hold great promise for reviving places like Detroit, battered by de-industrialization or changing economics.
Minneapolis Star Tribune: Major player in Anoka calls it a career
July 3, 2013 • By ITEP Staff
(Original Post) Article by: JIM ADAMS , Star Tribune Updated: July 2, 2013 – 1:46 PM Bob Kirchner, a persistent community development director, retires after 35 years with Anoka. After negotiating development deals in Anoka for three decades, Bob Kirchner may have a more lasting impact on the old river town than any other city […]
Workday Minnesota: Education funding, tax reform highlight gains made in 2013 session, unions say
May 24, 2013 • By ITEP Staff
(Original Post) By Michael Moore, Union Advocate editor23 May 2013ST. PAUL – Minnesota’s working families will see the most obvious fruits of the 2013 legislative session in their public schools and property-tax bills, but that’s just the tip of the iceberg of investments, reforms and initiatives passed by labor-endorsed majorities in the Legislature this year, […]
Minnesota Budget Project: Tax Increases Don’t Prompt High-Income Households to Move Out of State
April 16, 2013 • By ITEP Staff
As Minnesotans debate an income tax increase on the highest-income households, they should do so knowing that a large and growing body of economic research makes it clear that such factors as job opportunities, housing costs, climate and being close to family are much more often behind moves from state to state – not changes […]
Twin Cities Daily Planet: National report confirms- Minnesota has more work to do on tax fairness
February 11, 2013 • By ITEP Staff
(Original Post) By Nan Madden, Minnesota Budget BitesFebruary 08, 2013 A national report confirms what many Minnesotans already know: Minnesota’s tax system does not share the responsibility for funding public services fairly. The Minnesotans with the highest incomes pay the smallest share of their incomes in state and local taxes. Who Pays? by the Institute […]
Minnesota Post: Study confirms Minnesota’s tax system is unfair
February 1, 2013 • By ITEP Staff
(Original Post) By Jeff Van Wychen | 03:52 pm A new report from the Institute on Taxation and Economic Policy (ITEP) provides fresh insight on who is paying state and local taxes in the United States. “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States” confirms that in Minnesota and the […]
Twin Cities Daily Planet: Tax cuts help just who’d you expect
January 4, 2013 • By ITEP Staff
(PDF of Original Post) By Charlie QuimbyDecember 02, 2009 A new study from the Institute on Taxation and Economic Policy breaks down who among “non-elderly households” is paying what taxes at the state and local level. The report shows what we’ve been saying here for years – that when all forms of taxes(not just income […]
MinnPost.com: Minnesota taxes- Where do we go from here?
January 4, 2013 • By ITEP Staff
(PDF of Original Post) By Sharon Schmickle | Wednesday, May 12, 2010 Sure, you’ve heard it before: Gov. Tim Pawlenty vetoes yet another DFL bid to close the state’s budget chasm by raising income taxes on high earners. But the tax issue has many lives in this election year when the Independence Party’s gubernatorial endorsee, […]
Twin Cities Daily Planet: Top income tax bracket is part of a balanced approach to fix the deficit
January 4, 2013 • By ITEP Staff
(PDF of Original Post) BY SCOTT RUSSELL, MINNESOTA BUDGET BITES May 13, 2010 The Minnesota Legislature voted Monday to create a new tax bracket on high-income households as one small part of an overall budget fix. The new tax bracket and an early phaseout of federal tax cuts on high-income households would raise $434 million, […]
KBJR TV: Tax Burden Higher In Percentage For Lower Income Workers
January 4, 2013 • By ITEP Staff
(PDF of Original Post) By KBJR ManagerKBJR-TV KBJR-TV1/17/2011 5:18:02 PM ET 2011-01-17T22:18:02 Duluth, MN (Northland’s NewsCenter) – Think tank Minnesota 2020 has conducted a study finding Minnesota’s middle- and lower-income populations shoulder a disproportionate tax burden compared to the state’s wealthiest. Using data from the Institute on Taxation and Economic Policy, Minnesota 2020 compared tax […]
KAAL TV: New Year; New Changes to Taxes
January 4, 2013 • By ITEP Staff
(PDF of Original Post) Posted at: 01/17/2011 6:44 PM By: Andrew Lovelette (ABC 6 NEWS) — With the new year comes a few new changes to your taxes. When January first hits, it usually marks the beginning of tax season, but this year may be a little different. “People that itemize their deductions will have […]
myTalk 107.1: Fix for Minn. budget woe? End sales tax exemptions
January 4, 2013 • By ITEP Staff
(PDF of Original Post) With Minnesota lawmakers staring at a $6.2 billion deficit this session, state Rep. Pat Garofalo knows as well as anyone that balancing the state budget is “going to be tough and it could be ugly.” So why is the Republican from Farmington introducing a bill that would make things just a […]
Advocate Tribune: Minnesota’s Tax Fairness Retreat- Low-, middle-income shouldering more of state’s revenue burden
January 4, 2013 • By ITEP Staff
(PDF of Original Post) By Advocate Tribune Posted Mar 18, 2011 @ 08:00 AM By Jeff Van Wychen Since 2000, Minnesota’s state and local taxes have become more regressive, meaning low and moderate income families shoulder a disproportionate share of the tax load. It’s a nationwide trend progressing more aggressively in Minnesota than nearly every […]
