Contact Us

Dayton Makes No Promises About Tax Plan Changes

Governor Mark Dayton
Governor’s Office handout photo

ST. PAUL (AP) – Gov. Mark Dayton says Minnesota taxpayers will benefit from a smaller-than-expected budget deficit, but don’t expect drastic changes to his tax plan.

State budget officials announced Thursday that lawmakers will need to tackle a $627 million budget deficit for the next biennium. They had previously estimated that shortfall would be $1.1 billion.

The Democratic governor says he wants to issue tax credits to home renters and give businesses a break on sales taxes for equipment purchases. That could eat up as much as half of the unexpected cash.

Dayton’s current plan includes decreasing the sales tax rate but taxing expensive clothes, a higher income tax rate on Minnesota’s wealthiest and a controversial business-to-business tax.

Dayton will release his revised budget in the next two weeks.

More WJON News

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://wjon.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for The WJON VIP Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive The WJON VIP Club contests, events, coupons, presales, and much more delivered to you for FREE.