Minnsights Blog
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Despite a historic nearly $18 billion budget surplus and Minnesota’s already high-tax environment, this session the legislature increased taxes by nearly $10 billion over the next four years. Although some taxes decreased mostly for lowerincome taxpayers through one-time rebates and refundable tax credits, businesses and taxpayers at all income levels will see permanent cost increases. The process of passing these historic increases lacked transparency. Many bills and provisions were not introduced or allowed public testimony and the language was not provided until the night before a final vote. Minnesota’s corporate and incomes tax rates are already in the top five highest in the nation, which adds headwinds to investment, entrepreneurship, and talent recruitment and retention – all needed for a growing economy.
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This week, considering all the talk about politics, and after viewing the presidential debate, I am guessing you're expecting me to talk about politics. Well, no.
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As we all know, the November 5 General Election is fast approaching. With that, its important to know about how, and when you can vote in Minnesota.
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As we all know, the November 5 General Election is fast approaching. With that, its important to know about how, and when you can vote in Minnesota.
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Leaders Lab is a one-of-a-kind opportunity to engage Minnesota’s developing business leaders (approximately late 20s to 40). It will enhance your personal and professional growth, connect you with business leaders statewide, and provide understanding into what drives Minnesota’s economy and how policy affects the success of business in our state. To learn more about Leaders Lab, click here.
Latest Articles (blog page)
It has been a busy week at the Capitol and a busy week here. This week, I am traveling to...
Business succession and transition mark key points in a business’ life and the owner’s life. While representing a new era...
We have some exciting news to share. As noted in previous podcasts, the Chamber was engaged in litigation against the...
Canada and Mexico have long been key markets for Minnesota businesses, and their importance to the state's economy has only...