State Sen. John Marty, DFL-Roseville, the lead Democrat on the Senate Taxes Committee, issued the following statement today in response to the tax proposal offered by Rep. Greg Davids, R-Preston:
“Last session, Minnesota Republicans eliminated the state’s Homestead Credit and slashed funding for other property tax relief programs that directly benefit homeowners, renters and small businesses. The cost to Minnesotans? A projected $1 billion property tax increase over the next three years.
Across the state, Minnesotans are beginning to see the impact of these changes and are beginning to see the property tax increases that result from the Republican so-called “no new taxes” budget.
As people begin raising concern over the large property tax increases, some Republican legislators are saying they were blindsided by the size of the tax increases that resulted.
But when you “save” money by cutting property tax relief, it’s hard to plead ignorance when those savings result in property tax increases. DFLers were warning that the Republican budget would lead to large tax increases, but they refused to listen.
It’s not surprising that Republicans are now seeking political cover.
Unfortunately, the House Republican property tax proposal does little for the vast majority of homeowners who saw their property taxes jump as a direct result of the Republican budget. Instead, the Republican proposal continues to prioritize phasing out state property taxes for corporations.
Last session, Republicans chose to raise property taxes on middle-class families rather than asking the wealthiest 2% of Minnesotans to pay even a penny more in income taxes. Now, they’re throwing a life preserver to corporations while doing little for thousands of homeowners struggling with huge property tax hikes.
DFLers want to see property tax relief during the 2012 Session. But let’s start by turning back the property tax increases Republicans passed in 2011.”