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State Representative Bob Dettmer
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-4124
For more information contact: House GOP Communications 651-296-5520
NEWS COLUMN
RESPONSE TO GOVERNOR DAYTON'S BUDGET PROPOSAL
This week Governor Mark Dayton unveiled his budget for the state. Once again the Governor has highlighted his desire to burden Minnesotans with higher taxes. With the economic challenges facing Minnesota, it is simply irresponsible for the Governor to believe that the answer to balancing the budget is spending money we do not have. Other states have taken measures to have government live within its means. From California to the East Coast, states are setting clear priorities and making responsible decisions when it comes to balancing the budget.
Unlike our neighboring states, Governor Dayton has proposed the largest tax increases in Minnesota’s history. His proposal would create two additional income tax tiers. This includes $4.1 billion dollars in new taxes, while our neighboring states are unleashing small businesses to drive their economic engine. In North Dakota incomes of $373,650 and above are taxed at 4.86 percent South Dakota has no personal or corporate income tax and Wisconsin incomes of $225,000 and above are taxed at 7.75 percent Governor Dayton’s proposal has Minnesota at the top of the income tax rate with a 10.95 percent tax on single filer earners filing $85,000 in taxable income and joint filers making $150,000 in taxable income. The fifth tier includes an additional 3 percent surcharge on any taxable income over $500,000. These increases aim to saddle Minnesota families and small businesses with the burden of balancing the state’s budget. If Governor Dayton’s tax proposals are put into effect, Minnesota would have the highest tax rate in the nation. Additionally, the governor desires to have a 22.3 percent increase in state spending the upcoming biennium.
Governor Dayton’s desire to spend when we face a $6.2 billion dollar deficit is proof that he refuses to acknowledge the difficult economic times Minnesota is facing. The answer is not increased taxes and spending, but rather fundamental reforms within government.
Minnesota’s government needs to take a lesson from the citizens of Minnesota. We must be innovative and creative when looking to make Minnesota prosperous again.
News Items
- LIMITED SPENDING AND COMPETITVE TAXES GROW OUR ECONOMY - (Posted: Jan 11 2013 3:29PM)
- BOB DETTMER SWORN IN TO FOURTH TERM AS STATE REPRESENTATIVE - (Posted: Jan 11 2013 3:28PM)
- April 5 Legislative Update - (Posted: 2012-04-05 00:00:00)
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