Posted on 07/10/2015 3:21:01 AM PDT by markomalley
It is too early to tell how a recent round of tax hikes and a minimum wage increase will play out in Minnesota, a state where liberal and conservative forces have often swapped control and policies.
But the state's experience may give pause to a crowded field of Republican presidential hopefuls who largely swear by tax cuts and small government as a recipe for prosperity.
Judged by those standards this state on the Canadian border should be a train wreck in process.
Instead, Democratic Governor Mark Dayton's Minnesota could become a touchstone in the national debate over how to bolster the middle class - an example of how solid growth and low unemployment can coexist with some of the highest income and corporate tax rates in the country.
Born into family wealth but a left-leaning Democrat by temperament, Dayton said in an interview that, to him, one fix for income inequality was pretty obvious: take some from the better off and spread it around.
(Excerpt) Read more at reuters.com ...
“It is too early to tell how a recent round of tax hikes and a minimum wage increase will play out in Minnesota...”
Yes it’s far too early to tell. There is absolutely nothing in history to even give us a clue how this will turn out.
Just to assure their inevitable success, Minnesota should keep importing Somalis by the plane-load.
Bravo.
The Greece model! What could go wrong?
And a Social Media propaganda campaign pushing the story that their economy is performing better than neighboring Wisconsin.
Minnesota is becoming another California. The state is flooded with African immigrants who mostly live on welfare, taxes and regulations stifle economic growth and the state is being lead by a left wing loony.
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