What three of the Minnesota Legislature's biggest income tax changes mean for taxpayers

Minnesota Democrats' tax bill, which was signed into law last month, is historic - in a few ways.

The $3 billion package of tax cuts is the largest in state history and includes one-time rebates, a cut in taxes on Social Security benefits and a new credit for low-income families that supporters hope will slash childhood poverty rates in the state.

The proposal also includes the largest tax hike in the history of the state, raising $1 billion over the next two years, largely from corporations and wealthier Minnesotans.

https://www.startribune.com/what-three-of-the-legislatures-biggest-changes-to-minnesota-income-tax-mean-for-individual-taxpayers/600280544/