Minn. DFL proposes increasing taxes on all things that matter

Categories: Booze, T-Paw, Taxes
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Photo by iluvrhinestones
In the proposal announced today by Minnesota Democrats, the legislators have come up with the genius idea of taxing all things that really matter in life: booze, cigarettes, and rich people.

Seriously, folks. When do we say enough is enough? Apparently when your state has a $4.6 billion deficit, the best option is to tax the sinners.

Here's a rundown of the proposal:
Cigarette taxes would go up another 54 cents a pack. Alcohol would cost an extra three to five cents a drink. The richest Minnesotans would have the highest tax rates in the country: 9 percent.

The rich Minnesotans who would be screwed by higher taxes: :$300,000 of adjusted gross income for joint filers, $169,700 for single filers and $255,000 for heads of household."

The DFL says income taxes for most lower and lower-middle income Minnesotans would decrease. While their idea is worth talking about, it's not likely to succeed in the Legislature. Pawleny has vowed to veto any tax increases this session.


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