Tax policy creates serious chop for Minnesota businesses

  • Article by: William Blazar
  • Updated: October 20, 2013 - 2:00 PM

If the sailing is smooth, it’s due to the actions of past legislatures, not the one from 2013.

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dave9398Oct. 20, 13 5:51 PM

I couldn't have stated it better myself. It takes years for policy changes to make an impact (just ask Obama who is still blaming others). Dayton's impact will be felt for many years to come and it won't be good.

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Izzy96Oct. 20, 13 6:22 PM

As though economic results are strictly a function of any specific legislature, magic wand like? Pro-business or anti-business exactness? Certainly any legislative action has some effect, no matter how small or large, but to extend that argument to the end Mr. Blazar extends it without factoring in "effect" unrelated to legislative edict seems to me as far too simplistic.

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bogie246Oct. 20, 13 7:11 PM

Minnesota creates wonderful companies...not because of government policy but rather the efforts of it's citizens. We keep increasing the burdens on companies and citizens and eventually this socialist approach will grind the state to a halt. Libs will quote current statistics, but who can deny that socialist governments in Caifornia, Illinois, Detroit, France, GB, Italy, etc. have brought them down. America and Minnesota should be smart enough to take preventive action. However there is no chance libs will back off their spending spree.

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FreeMplsOct. 20, 13 7:22 PM

Speaking as a former business owner in Minnesota I can say with some sincerity that whenever a Democrat entered the Whitehouse or the governorship it was time to take heed when it came to the wellbeing of my business. Honestly, I'd never felt that my hard earned net worth was entirely safe when Democrats ran the show.

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supervon2Oct. 20, 13 7:26 PM

It has taken years and over one Billion dollars to correct the Perpich gaffe of ordering interstates not to have more than two lanes except for entrance and exit ramps. Had this law never passed to "control society" we would have far better roads in this state.

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capslockOct. 20, 13 7:38 PM

I have a friend that is subject to the new levels of taxation by the recent legislatures laws and he has made the decision to move himself and his family to a no tax state down south. I think this scenario will be played out on a grand scale and the governor will look like a fool for enticing the rich to move away.

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jweb1958Oct. 20, 13 8:14 PM

Mark Dayton may be regarded 10 years from now as having been a great Governor, and the DFL economic and tax policies as having been far-seeing. But this commentary says what EVERY non-partisan economist says: The effects of legislation on the economy almost always take years to produce long-term effects. Ask the liberal economics professors at local colleges: 100% of them will agree with what I've said here.

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rshacklefordOct. 20, 13 8:27 PM

(capslock wrote): "I have a friend that is subject to the new levels of taxation by the recent legislatures laws and he has made the decision to move himself and his family to a no tax state down south." ---- That friend and family should have continued into Mexico. Then, instead of just living amongst the less educated (to put it nicely), he could have become king of them all.

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perronjpOct. 20, 13 8:32 PM

Re: "Tax policy creates serious chop for Minnesota businesses" - First Dayton taxes some business to business transactions. Then he wants to call a Special Session to rescind those taxes. He and his Dem Buddies then pass 1.3 Billion in new taxes when our deficit was just 660 Million. There was not a tax that Dayton did not champion in the last session. Now he and the dems think that the business climate is good??? Please. We are careening towards insolvency, chasing California for the crown. The State itself (Dayton) is battling to create a union for a group of workers who are not State employees! Dayton and his cronies gave the Vikings a blank check to build a stadium and set it up so the team itself gets all of the income from it. When Wilf & Company lose a lawsuit for Millions of dollars it is apparent the lawmakers did not perform their due diligence in investigating these scofflaws. Neighboring States continue to set up Business Parks, advertise for them (Souix Falls SD) and take our businesses. Guess where the pattern is going for us.

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herby2013Oct. 20, 13 8:52 PM

Unemployment statistics do not include the dropouts who lost their jobs and gave up hope of finding a new one. In order to be factored into government unemployment statistics, you must be unemployed and ACTIVELY looking for work. If you are unemployed and not actively looking for work, you don't count as unemployed. 77% of all jobs created in the USA in 2013 are part-time and relatively low-paying. "In June, there were 360,000 part-time jobs added around the nation — but at the same time, the number of reported full-time positions dropped by 240,000. And in July, it was more of the same dire economic news." Source: "Cheaper labor: 77 percent of 2013 jobs were part-time positions", Washingtontimes.com, Aug. 2, 2013. Ooooh, what an impressive Democrat economy we have. Good thing 20 million mostly able-bodied people have been added to food stamps since Obama took office in 2009. Taking money from people who earn it and giving it to those who don't lift a finger for it is good for the economy, says the Democratic Party. Just look at the job and welfare statistics for proof, huh?

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