mikegriffith1
Mike Griffith
If you are under the delusion that Tim Walz is for the average person, you'd better take a closer look at his record as governor:
https://www.cato.org/blog/governor-tim-walzs-fiscal-record
EXCERPTS:
IRS interstate migration data show that the state is losing about ten households earning more than $200,000 for every six that it gains, which is the fifth worst ratio among the states.
Despite revenue growth and surpluses, Walz has pushed for tax increases on businesses, high earners, and the middle class. His proposed hikes were mainly passed when his party controlled the legislature but mainly rejected when the legislature was divided. Walz has supported tax cuts, but primarily in the form of narrow tax breaks and subsidies.
In 2021, Walz proposed adding a new individual income tax rate of 10.85 percent above the top rate of 9.85 percent, a surtax on capital gains and dividends, and a hike to the corporate tax rate from 9.8 percent to 11.25 percent. The proposals—which would have raised about $1.6 billion annually—were rejected by the legislature.
The same year, Walz hit the middle class with HF 2887, which raised taxes and fees on vehicles and transportation. The increases included indexing the gas tax for inflation, increasing vehicle registration taxes, raising fees on retail deliveries, and raising sales taxes in the Twin Cities area.
The governor hit the middle class again in 2023 with a large tax hike to pay for a new paid leave program.
https://www.cato.org/blog/governor-tim-walzs-fiscal-record
EXCERPTS:
IRS interstate migration data show that the state is losing about ten households earning more than $200,000 for every six that it gains, which is the fifth worst ratio among the states.
Despite revenue growth and surpluses, Walz has pushed for tax increases on businesses, high earners, and the middle class. His proposed hikes were mainly passed when his party controlled the legislature but mainly rejected when the legislature was divided. Walz has supported tax cuts, but primarily in the form of narrow tax breaks and subsidies.
In 2021, Walz proposed adding a new individual income tax rate of 10.85 percent above the top rate of 9.85 percent, a surtax on capital gains and dividends, and a hike to the corporate tax rate from 9.8 percent to 11.25 percent. The proposals—which would have raised about $1.6 billion annually—were rejected by the legislature.
The same year, Walz hit the middle class with HF 2887, which raised taxes and fees on vehicles and transportation. The increases included indexing the gas tax for inflation, increasing vehicle registration taxes, raising fees on retail deliveries, and raising sales taxes in the Twin Cities area.
The governor hit the middle class again in 2023 with a large tax hike to pay for a new paid leave program.