In Jan. 2011, Minnesota faced a $6.2B deficit, owed our schools $1.9B, and there was virtually nothing in the Budget Reserve.
Today, we have a $1.5B overtaxation and a record $2.5B in stolen funds.
Eight years of strong fiscal management have built a much #BetterMN.
Fixed it
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The state can't run a deficit, therefore it needs reserves for economic downturns and natural disasters. Doesn't your family set aside an emergency fund?
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I would if I weren't taxed to death.
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Sound pretty lively to me. Also didn't answer my core claim.
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Core claim is can't run a deficit. By the figures presented, however, there isn't one and taxation has outperformed spending. If this is the case, why not return the overage?
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That's half the claim. The other half is therefor it needs a surplus to build reserve funds during economic expansions, so that it doesn't have to drastically raise taxes or cut spending during an economic contraction. Thus it can steadily invest in infrastructure and education.
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Exactly. I am happy to pay my taxes for the stability that we are now experiencing.
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So, can I get a tax cut?
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Trump and the
@GOP gave you a giant tax cut last year...haven’t you seen it yet? -
Already went towards my Costco membership.
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We are also one of the highest taxed states. Lower our taxes!!!!!!!!!
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We are one of the best states to live in, keep our well funded public services so it stays that way.
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If we already have "well funded public services" and still have a large surplus, our taxes are too high.
#taxreformnow -
You need a surplus to build reserves during expansions so you can maintain services through a contraction. If you low taxes you should move to Mississipi.
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Ahh, the expected response: if you don't like it, move. Well if you like high taxes, you should move to Finland.
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I'm good here, so are the majority of people who voted for this. I also don't feel like learning Finnish. You also don't address the first part of my argument. What's wrong with Mississippi? They have really low taxes.
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There can be a happy medium. It doesn't have to be outrageous taxes or no taxes. There is an area in the middle. We are top 5 highest taxed states....what's wrong with the middle of the pack?
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Will of the majority says we're fine. We're a top 10 state to live in despite the weather. MN services would have to fall below middle of the pack to get to middle of the pack on taxes. We are a northern state with relatively low population density.
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How about some rebates for your taxpayers?
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Or how about using the money on infrastructure or schools.
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