Business Property Tax Relief Would Add To MN Deficit

Print More

Click photo to watch Senator Bakk call out Senator Michel for distorting Governor Dayton's Jobs Bill

Click photo to watch Senator Bakk call out Senator Michel for distorting Governor Dayton's Jobs Bill

A proposal to give Minnesota businesses property tax relief would add $126 million to a already expected $1.3 billion state deficit says Senate Minority Leader Tom Bakk.

Senator Geoff Michel (R-Edina) says the cut will create jobs and legislature will find a way to pay it. He adds that Governor Mark Dayton’s job proposal is also not paid for.

Senator Bakk says that is incorrect. Governor Dayton’s jobs bill is paid for by closing tax loopholes for out of state companies.

Michael McIntee

Michael McIntee is a former network TV news executive with more than 30 years of broadcasting experience. He began his broadcasting career at the University of Minnesota's student radio station. He is an expert producer, writer, video editor who has a fondness for new technology but denies that he is a geek. More about Michael McIntee »

Comments are closed.