Governor Tim Walz is pushing for the state to pick up more of the cost of public schools, arguing there will be more equity between districts with less reliance on property taxes. When asked if that will mean income tax increases, the governor said, “I’m gonna leave that one to wait and see, but I think you may be very surprised on this piece.”
Walz says there hasn’t been a cut for individual income taxes since the year 2000. “A lot of middle class families need to see some relief somehow,” he says.
Walz contends businesses did not use federal tax cuts to expand as advertised, but when asked if business taxes should increase in Minnesota, the governor would only say,”I think we need to be more thoughtful on how we’re doing things.”