Reduce the state tax on social security…lower business property taxes…tax credits on student loan payments…and property tax relief for farmers, homeowners and renters — key features of Minnesota House Republicans 1.35-billion-dollar tax relief plan unveiled today. House Speaker Kurt Daudt says, “We want middle-class Minnesotans… and lower-income Minnesotans to keep more of their money, while the governor’s trying to take more money out of their budgets. That’s the real difference between our budget and the governor’s budget.”
Dayton responds the only tax he raised was on the wealthiest two percent. Republicans respond if Dayton’s budget didn’t spend so much, Minnesotans could get back more of the state’s 1.65-billion-dollar budget surplus. Dayton fires back excessive tax cuts will set the state up for another round of budget deficits and cuts, like happened in the middle of the last decade.