|Is whether Metronic stays in Minnesota something our politicians can control? That's the question.|
Minnesota's eighth-largest company is relocating overseas. The New York Times views the move through the lens of federal tax policy and the taxes Medtronic can avoid paying by leaving America, while the company itself cites more benevolent reasons, like access to European markets.
In any event, the news doesn't sound auspicious for our state economy, right? But in response, DFL Gov. Mark Dayton is donning rose-colored glasses.
Medical biz prof Stephen Parente on Medtronic move: "It's kinda hard to see this occur"