Skip to comments.Dayton: Tax Cuts Caused Minn. Economic Problems
Posted on 02/07/2013 11:44:00 AM PST by Son House
Gov. Mark Dayton says in his State of the State speech that past state income tax cuts are partly to blame for chronic budget problems in Minnesota and that political leaders cannot afford to keep delaying difficult tax and spending decisions.
Dayton is delivering the annual speech Wednesday night in the state House chamber. He says in advance excerpts provided by his office that income tax cuts in the late '90s were followed by a decade where Minnesota's economy fared worse than the nation as a whole and most other states.
The speech is largely a pitch for Dayton's proposal to hike income taxes on the wealthy and expand the state sales tax to more purchases.
(Excerpt) Read more at kttc.com ...
Dayton is just another lying scumbag.
Yeah, leaving too much money in the private sector will harm the economy every time. sarc/
It looks to me like states are pretty much dividing up into red and blue in most all respects - rtw, taxes, environment etc.
Minnesota looks like a good candidate to follow the California model. Go ahead and crank those taxes!
Then just tax everyone at 100% and your problems are solved!
That’s why we took our Yankee money and moved south.
You sent Al Franken to the Senate. You deserve to go under.
Ask Dayton for the figures on how many Somali’s are getting all kinds of USA benefits???
I cannot imagine you could come to Minnesota from Somalia and find yourself equiped for any kind of job here. I don’t remember many ads for pirates in the Minnesota or Wisconsin area.
Being Keynesian mercatilists, that’s how libs think. Not only is money kept by those who earned it stealing from the gubmint, gubmint spending is magical. When you spend you merely trade digits for goods and services; when gubmint spends a, “multiplier effect” goes along with it. So private individuals are in effect handing things back and forth, while gubmint actually produces things.
“Go ahead and crank those taxes!”
Hey!!! Some of us are already paying our “fair share.”
It just floors me that politicians, for the most part, don’t think for one second that overspending *might* be the actual cause of the budget problem.
Once we get more trains, everything is going to be awesome.
People, get used to, get ready for this -
as the economy goes to hell, the left will increasingly and more vociferously start blaming YOU for causing it.
And when the big crash happens, it’ll be our fault.
Governor Goofy also claimed credit for two years of job creation in his speech, signing policies into law that were created by the GOP-controlled Legislature.
The man has issues. Real issues. I know my state taxes didn’t drop and aren’t likely to drop any time soon.
As with the Federal government, Minnesota state government doesn’t have a revenue problem, it has a spending problem.
“I cannot imagine you could come to Minnesota from Somalia and find yourself equiped for any kind of job here. I dont remember many ads for pirates in the Minnesota or Wisconsin area.”
The ones who will attempt to work many times apply at temporary staffing agencies. They’ll work for just long enough to qualify for unemployment, then quit. The unemployment hearing judges in MN are very liberal and approve nearly all requests.
Saw the handwriting on the wall with all the "give-aways" and freebies to one and all (except anyone that worked that is).
Had a brief discussion with hubby about moving back after we retired, but laughed that one off -- what for ?
New Taxes? Surprise! Surprise!
So, “Governor,” please do explain... how does less money to the state slow economic growth. This should be fun.
These fools need to be reminded that government is not part of the private economy and its not a productive part of the economy as a whole.
Wasn’t it over the last several years under a repub controlled house that a 11.1 billion or so deficit was reduced to 1.1 billion? Somehow leaving a 1.1 billion budget deficit is worse than leaving one ten times that large?!!! Liberal newthink at it’s finest...
I’m sure MN will reap the benefits of taxing their way to prosperity.
Someone should point out if “Dayton’s” had to raise their prices everytime they needed $$$, they would have gone out of business along time ago.
Gee Gov. Dayton jack up taxes on the “rich” and watch those highly paid Vikings and Twins players abandon Minnesota for low tax states like Texas and Florida.
1. You keep your money in South Dakota to avoid Minnesota taxes.
2. You better have a talk with Democrat Senators Amy Klobuchar and Al Franken who are sponsoring a bill to REMOVE the medical device tax under Obamacare as it hurts business and economic growth.
I guess thats why his neighbor to the east is enjoying such success with his tax cuts.
They’re so damn dumb its beyond comprehension.
I am seriously considering changing my name to LachlanIowa, since the Minnesota Gig is oppressing. It is also getting more difficult to find kindred spirits.
Marx Dayton can have it.
As long as former Senator Dayton has a bug-out route when the going gets tough and scary, he’s a very brave soul.
He has a history of running from danger, like when he ran out of DC after 9/1, a real leader.
Dayton- “It’s those damned taxpayers insisting on keeping their own money while we spend like there’s no tomorrow!”
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“The man has issues. Real issues.”
Ain’t that the truth.
He’s a spoiled trust fund boy who never really worked a day in his life. he’s never stocked shelves or dug ditches. Hell, he doesn’t even understand what a normal office job is.
His whole adult life has been a giant therapy session - all at our expense. He runs for various political offices, gets elected, accomplishes nothing and then steps down. At the risk of engaging in psycho-babble, I get the feeling that he runs for these offices to find the acceptance that somehow he never had while growing up as rich spoiled kid in the Lake Minnetonka area.
I will not make fun of his obvious mental health issues because there, but for the grace of God, go I. But I really don’t believe that psychologically he’s up to the challenge of holding political office. His constant “deer in the headlights” look should speak volumes about his abilities.
” I dont remember many ads for pirates in the Minnesota or Wisconsin area.”
No, they are all in office already and don’t need the competition from outsiders.
Keep this stuff up and I’ll quit my job & retire early & live off my savings.
Fed & Mn State Payroll Tax from me on a 100k salary will be GONE.