Taxes

Business taxes

Marketplace fairness: The bill required out-of-state retailers to collect and pay sales taxes on items sold to Minnesota customers, regardless of whether they have a brick-and-mortar presence in the state. The legislature passed the provision in 2013, but some large… Read More »Business taxes

Income taxes

Working Family Credit: Minnesota’s version of the federal Earned Income Tax Credit is a proven tool to directly improve the financial health of working, lower-income families. This bill increased and expanded Minnesota’s Working Family Credit, including more taxpayers without children.… Read More »Income taxes

Tax Relief for Families, Students, Farmers

The Omnibus Tax Bill expands tax credits for working families, helps ease the growing burden of student loan payments, and delivers property tax relief to farmers and small businesses across Minnesota. The bill passed the Minnesota Senate today with a bipartisan vote of 55-12; its next stop is the governor’s desk. Sen. Rod Skoe (DFL-Clearbrook) authored the omnibus bill as chair of the Senate Tax Committee.