ST. PAUL – Rep. Bud Nornes, R-Fergus Falls, issued the following statement regarding the release of the state's new economic forecast on Thursday, which calls for a $1.87 billion surplus for fiscal years 2016-17.
"This is good news and taxpayers are the ones who should benefit," Nornes said. "The state's excess revenue is the result of Minnesotans being overtaxed and this highlights the importance of reducing taxes during the 2016 session. A good place to start would be ending the state's practice of taxing Social Security income. Seniors often are overlooked when we talk about tax reductions, but this would be a great help for them. We also could provide some additional funding for roads and bridges. In any case, surplus revenue should be used for priorities such as these instead of being viewed as a license to spend on a government wish list."
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