Senate bill would raise nearly all income taxes | Park Rapids Enterprise
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Senate bill would raise nearly all income taxes

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Most Minnesotans' income taxes would rise under Senate Democrats' solution to the state budget deficit.

Combined with budget cuts and the use of federal economic stimulus money, the $2.2 billion tax increase would help fill what otherwise would be a $6.4 billion deficit in the two-year budget beginning July 1.

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The tax plan unveiled Tuesday would raise taxes on all but 15.5 percent of Minnesota's 2 million taxpayers, Senate Tax Chairman Tom Bakk, DFL-Cook, said.

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