Wondering what’s going on with taxes? So are we.

Are you curious what the legislature is doing to align Minnesota’s tax code with major federal changes? So are Senate DFLers. The Republican tax chair still hasn’t released a bill, with just three weeks left until the end of session. The House Republicans finally released a plan this week and dubbed it the “Freaky Fast Bill,” admitting that the Legislature needs to move incredibly quickly to come to an agreement without risking automatic tax increases for at least 300,000 taxpayers.

“Freaky fast” is no way to rewrite the state’s tax code. Governor Dayton’s plan to cut taxes for 2 million filers has been out for nearly six weeks, and lawmakers have known since late December that this is a looming challenge. It is frustrating and disappointing that once again, Republicans are running the state’s most important business down to the wire.

 

jacquec