Tell me again why we even bother spending tax dollars on economic development in Minnesota?
Given this pending legislation the entrepreneurs who create new jobs will be inspired to move to South Dakota and Florida which do not punish achievers:
Editorial: The new 'sin tax'The New Ulm Journal had this view: Legislators love to raise "sin taxes," those extra charges on things you shouldn't be doing in the first place, like drinking or smoking. The Minnesota House DFL apparently thinks it is also a sin to have a high income. House Taxes Committee Chairwoman Ann Lenzcewski has proposed a tax increase plan that not only raises the cigarette tax by 54 cents and the alcohol tax by 3 to 5 cents per drink, it creates a 9 percent tax bracket for people who earn more than $169,700 a year ($300,000 for married couples).http://www.nujournal.com/page/content.detail/id/506405.html?nav=5011
Reminder - I primarily blog here now: www.regularfolksunited.com
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