Free Republic 2nd Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $16,419
20%  
Woo hoo!! And now only $591 to reach 21%!! Thank you all for your continued support!! God bless.

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  • Mark Dayton's tax on rich won't close budget gap, state calculations show

    09/15/2010 6:11:49 AM PDT · by WOBBLY BOB · 6 replies
    pioneer press ^ | 9-15-10 | dave orrick
    Sock it to the rich to solve the state's financial woes? Won't be enough. By a long shot. In figures that underscore the challenge facing candidates for governor, state calculations released Tuesday show that Democrat Mark Dayton's highest considered tax-the-rich budget-balancing plan would fall well below what's needed. His income-tax-hike plan would raise close to $1.9 billion over two years. The state's projected budget hole: $5.8 billion, according to figures supplied by the Minnesota Department of Revenue. Those figures apply to taxes on married couples earning a minimum of between $180,000 and $190,000 in gross, or pre-tax, income, and individuals...