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ST. PAUL – Governor Dayton has unveiled his budget proposal for the next two years, and State Representative Joe Schomacker (R-Luverne) noted the plan contains multi-billion dollar tax increases and multi-billion dollar spending increases.
“Minnesota is broke, and its citizens are struggling to make ends meet, yet the governor wants to raise taxes,” Schomacker said. “This is the worst possible message to send to people who are trying to create jobs and turn Minnesota’s economy around.”
Specifically, Governor Dayton wants to increase taxes by $4 billion and only wants to make $485 million in net budget reductions over the next two years. He also wants to vastly increase the total amount spent on state government programs by proposing Minnesota spend $37 billion for Fiscal Years 2012-13 – a $5 billion increase from the current budget cycle.
Schomacker noted the Governor’s tax and spend initiatives are deeply troubling when you consider Minnesota faces a $6.2 billion deficit, and is struggling to attract business owners to expand in rural Minnesota.
“The governor’s budget does nothing to address the fact that Minnesota has a spending problem,” Schomacker said. “In fact, this proposal just spends more and does little to nothing to make state government more efficient and affordable. If we’re serious about bringing new companies and more jobs to this state, our governor can’t promote an agenda that would force business owners to pay some of the highest taxes in the nation.”
Schomacker expects the Minnesota House to have a balanced budget proposal approved by the end of March.