What is in $3 billion tax deal made by Minnesota Democrats?

 

Glen Stubbe, Star Tribune

Rep. Frank Hornstein, DFL-Minneapolis, spoke with Rep. Kaela Berg, DFL-Burnsville, and Rep. Mary Frances Clardy, DFL-Inver Grove Heights, during a House floor session Wednesday.

One-time rebates. Tax credits for families. Social Security tax cuts. More money for local governments. Tax hikes for some.

After weeks of negotiations, DFLers struck a deal on $3 billion in tax cuts, a proposal that still needs to pass both chambers. They praised the final proposal as one that puts money back into Minnesotans' pockets while giving extra to low-income families, local communities, homeowners and renters.

"There are really incredible, transformational things in this bill that will benefit people across the state," said House Taxes Chair Aisha Gomez, DFL-Minneapolis.

https://www.startribune.com/rebate-checks-tax-increases-and-more-whats-in-democrats-3-billion-tax-deal-minnesota-legislature/600275984/

 

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