ST. PAUL - State Representative Tama Theis, R-St. Cloud, issued the following statement regarding Gov. Tim Walz's 2021-2022 budget proposal. Gov. Walz is proposing $1.7 billion in new taxes including a 10 percent hike to Minnesota's top tax bracket, a 15 percent hike to Minnesota's business tax, and regressive tax hikes on cigarettes and vaping products that disproportionately hit low-income Minnesotans. The Governor is proposing just .3% in cuts ($150 million) out of a $52+ billion budget.
“While I was glad to see that housing issues got some attention in the governor's budget, the fact remains that this budget does far more harm than good,” said Theis. “Massive tax hikes will only hurt Minnesota families and businesses that are still reeling from the Governor’s shutdowns and executive orders. Minnesotans have had to cut their budgets this year, and it is past time to ask state agencies to do the same.”
Lawmakers and the Governor must pass a new two-year budget by June 30 to avoid a state government shutdown.