Minnesota tax receipts come in strong

  • Article by: BAIRD HELGESON , Star Tribune
  • Updated: September 10, 2012 - 9:48 PM

The state's August collections beat projections in all major areas.

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fooglekordSep. 10, 12 3:42 PM

Set the bar low enough and you too can EXCEED EXPECTATIONS. How about the spending side of the equation? I bet we exceeded expectations there too by spending more than we thought.

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wplettfanSep. 10, 12 3:58 PM

I knew it wouldn't take long for people to take good news and try to make it look bad. Sorry folks it's good news! Good news for Dayton and good news for Obama! And anyone who says it was because of back to school spending - please note it said above expectations. Back to school spending was figured into that expectation.

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ranger1873Sep. 10, 12 4:14 PM

We have a spending problem. As the adults in the Legislature have been saying all year.

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roymercerSep. 10, 12 4:19 PM

Two consecutive surpluses. Send the money back.

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fooglekordSep. 10, 12 4:19 PM

The Pawlenty plan is starting to hit fruition just in time for Dayton to take credit.

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furguson11Sep. 10, 12 4:25 PM

This is good news, but probably not enough for the state to get out of the hole it dug by borrowing money from the schools ($700 million) and tobacco money ($700 million) to make the budget. The tobacco borrowing will not be available next biennium and we still have to pay back the schools. And inflation marches on.

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metalixSep. 10, 12 4:31 PM

Great, now we can lower taxes! (In Minnesota? Ha!)

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sipkinsrSep. 10, 12 4:47 PM

Almost enough to pay Michael Brodkorb, Phil Villaume and the Republicans' attorneys fees.

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capsule2Sep. 10, 12 5:06 PM

"We have a spending problem. " - Ah, no. We had a borrowing problem left by our previous administration and we are still trying to address it.

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ivehaditSep. 10, 12 5:18 PM

It's sad that anyone, especially those in power, think that the moment there's a surplus, you have to "give it back." What's wrong ith a surplus to shelter us from a downturn when revenues are lower. In fact, it's malfeasance to return surpluses and then lower taxes when the economy goes south. Look what happened when Bush returned the Clinton surplus. $5 trillion in deficit spending. Let's keep our surpluses for the future instead of trying to buy votes with them.

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