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Minnesota House Democrats join Walz in push for tax increase on wealthy

Wealthy Minnesotans and some corporations would see their taxes increase under a plan state House Democrats unveiled Monday, which would grant tax breaks to others and devote more money to schools and child care.

The state's financial outlook has vastly improved since a year ago, but leaders of the DFL-controlled House join Democratic Gov. Tim Walz in contending additional tax dollars are needed for education and working families.

"We're raising sustainable, progressive revenue in our tax bill to make sure that we can back up the commitments that we're making to students, and families and workers today," said House Speaker Melissa Hortman, DFL-Brooklyn Park, as Democrats released their tax plan for the next two years, along with spending proposals for education, workforce and other budget areas.

https://www.startribune.com/minnesota-house-democrats-join-walz-in-push-for-tax-increase-on-wealthy/600042520/

 

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