Comments on: Seeing red: Pawlenty unveils his budget http://minnesotaindependent.com/24570/minnesota-budget-cuts News. Politics. Media. Mon, 23 Nov 2009 04:18:41 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: icecycle http://minnesotaindependent.com/24570/minnesota-budget-cuts/comment-page-1#comment-24022 icecycle Wed, 28 Jan 2009 05:22:22 +0000 http://minnesotaindependent.com/?p=24570#comment-24022 I just don't understand what Coleman is whining about. He was elected on a platform of higher taxes and more spending by people that put signs on their lawns proclaiming themselves "Happy to pay", and he's been delivering. The governor has just presented mayor Coleman with an opportunity to spread more joy; that's a win-win in anyones book. I just don’t understand what Coleman is whining about. He was elected on a platform of higher taxes and more spending by people that put signs on their lawns proclaiming themselves “Happy to pay”, and he’s been delivering.

The governor has just presented mayor Coleman with an opportunity to spread more joy; that’s a win-win in anyones book.

]]> By: Master of None http://minnesotaindependent.com/24570/minnesota-budget-cuts/comment-page-1#comment-24006 Master of None Tue, 27 Jan 2009 23:23:50 +0000 http://minnesotaindependent.com/?p=24570#comment-24006 Melendez is full of it. From the 2007 Tax Incidence Report " Although the legal impact of each of these taxes (business taxes) falls on the business entity, each is partially shifted to consumers (in higher prices) or in some cases to labor (in lower wages). Only a portion of business taxes are borne by capital owners as a lower rate of return on their investment." and "Overall, the burden of Minnesota business taxes on Minnestoa households was <b>regressive</b>" This is the report that is frequently referenced by groups like Growth and Justice and MN2020 because it shows that Minnesota's tax burden is slightly regressive. This regression is only due to our excessive corporate tax rate. Melendez is full of it.

From the 2007 Tax Incidence Report

” Although the legal impact of each of these taxes (business taxes) falls on the business entity, each is partially shifted to consumers (in higher prices) or in some cases to labor (in lower wages). Only a portion of business taxes are borne by capital owners as a lower rate of return on their investment.”

and

“Overall, the burden of Minnesota business taxes on Minnestoa households was regressive”

This is the report that is frequently referenced by groups like Growth and Justice and MN2020 because it shows that Minnesota’s tax burden is slightly regressive. This regression is only due to our excessive corporate tax rate.

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