|Two GOP senators are proposing a tobacco tax hike. |
Two Republican senators have introduced a bill to increase the state's tobacco tax from 35 percent to more than 47 percent.
The tax revenue, which could amount to as much as $320 million, would be funneled into the state's general treasury. According to Politics in Minnesota
, earlier this week, one of the bill's co-sponsors -- Sen. Carla Nelson, R-Rochester (the other is Sen. Julie Rosen, R-Fairmont) -- touted the increased tobacco tax as a way the state could reimburse schools the $2 billion owed them as a result of the funding shift used to pay down last summer's budget deficit.
The bill, which represents a rare instance of Republican legislators proposing a tax increase, now heads to the Senate Tax Committee. More »