Minnesota Legislature wasn't so bad for business

  • Article by: LORI STURDEVANT , Star Tribune
  • Updated: June 8, 2013 - 5:22 PM

What you think of this year’s legislative action depends on what corner you’re in.

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Mark27Jun. 8, 13 6:59 PM

Talk to a convenience store owner in Moorhead or East Grand Forks and ask them how good this year's legislative session was for their business. I can just imagine a tourist from out of state driving up Highway 75 in northwestern Minnesota and wondering why every single gas station has been closed down. Meanwhile, the one "business" where Minnesota is poised to be a national leader is the smuggling of contraband cigarettes sold $35 per carton cheaper across state lines.

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pumiceJun. 8, 13 7:39 PM

From the commentary: "According to the state Revenue Department, only 6 percent of small businesses will be affected by the new higher personal income tax rate [$250,000 for married joint filers, $150,000 for singles, at which the new marginal 9.85 percent rate begins to apply]." In other words, 94% of small businesspeople are in the bottom 9 deciles, and the new 9.85% marginal rate will not affect them at all.

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pumiceJun. 8, 13 7:55 PM

Small Business Minnesota with a membership of 300 small business owners got off to an excellent start with several big wins:  property tax relief for commercial/industrial property; the playing field for Main Street retailers vis-à-vis online-only retailers was leveled with the requirement that some online-only retailers must collect sales tax at the point of purchase; sales tax on capital equipment will no longer be collected; businesses will benefit from a more educated workforce because of $250 million in financial aid/tuition freeze; the ACA health care exchange means employers no longer have to underwrite participating insurers’ marketing costs; the Minnesota Investment Fund has more funds.

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jeff57flJun. 8, 1310:28 PM

Every business person I know believes that taking the state tax rate to 9.85% is terrible for the Minnesota business environment and offsets everything else.

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supervon2Jun. 9, 13 8:02 AM

My company of 585 people can pack up and move anytime now. Their buildings are old, they let the union workers go years ago and now produce in more efficient and tax friendly areas and many of the employees would prefer to work in a better area where they are not taxed to death. The DFL goal of an empty state may come sooner than you think. Oh, except for those receiving government assistance. That's a gravy train if there ever was one.

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jbpaperJun. 9, 13 8:06 AM

Sounds like Ms Britton, and the like minded members of her group, are good little dflers who believe in raising taxes, as long as they aren't theirs.

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greg62Jun. 9, 13 8:15 AM

I just hope the business hostile democrats don't do too much damage before they are voted out next election.

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greg62Jun. 9, 13 8:41 AM

"The DFL goal of an empty state may come sooner than you think. Oh, except for those receiving government assistance. That's a gravy train if there ever was one."______ The democrat party is playing Robin Hood in Minnesota, the problem though is that we are chasing out producers while attracting non-producers and this can't go on forever.

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pitythefoolsJun. 9, 13 8:44 AM

greg62: "I just hope the business hostile democrats don't do too much damage before they are voted out next election."

To be replaced with what? Republicans? People don't have that short a memory.

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motJun. 9, 13 8:50 AM

Instead of relying on feelings or emotion about taxes, can someone, anyone, post a link to two different peer reviewed studies that prove the link between high taxes and loss of business? Just two, two real university type studies, not one from the Heritage Foundation or the Society for No-taxes. Just two. If the Chamber is as smart as they say they are this will be easy. thanks

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