MN 16th in Tax Ranking, But Revenue Still Up?
More bad news for the Democrats. (And Sue Jeffers supporters)
Minnesota revenues were 11.5 percent â€” or $110 million â€” higher than previously predicted in May, the state Finance Department announced Monday.
“This is wonderful news,” said Rep. Jim Knoblach, R-St. Cloud, chairman of the House Ways and Means Committee.
Since the state’s last revenue forecast in February, total collections over the past four months have been $265 million higher than the forecast projected.
“It continues the trend since the February forecast of positive news,” said Finance Commissioner Peggy Ingison.
Boy just think where we’d be if the DFLers Hatch, Johnson, and Entenza had their way and they got their $1.5 billion dollar tax increase.
Yes, this is also to remind people that Republicans did accomplish a lot last session. It was keeping the DFL from destroying the state’s economy. Don’t forget that.