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DAYTON WOULD MAKE MINNESOTA HIGHEST TAX STATE
By Luke Hellier | October 26, 2010
Per Release from the MNGOP -
Republican Party of Minnesota Chairman Tony Sutton today blasted Democrat gubernatorial candidate Mark Dayton for recently saying he would add “a fourth income tax bracket of 11 percent” during a campaign stop in the northwestern Minnesota city of Fisher. The 11 percent rate would tie Minnesota with Hawaii for the highest tax rate in the nation.
“On this important issue, Dayton has flipped, flopped and now flipped again,” said Republican Party of Minnesota Chairman Tony Sutton. “He started his campaign by saying he wanted to raise taxes enough to bring in an additional $4 billion, which non-partisan analysts said would nearly double the top rate to around 13 percent. Then he said he wanted to cap it at 10.95 percent, just below Hawaii’s highest-in-the-nation rate. Now he’s back up to giving us the highest rate. Dayton’s high tax plans have him tied into knots.”
Chairman Sutton said Dayton’s comments were reported by the Crookston Daily Times.
“We want Minnesota to be #1 in lots of things, but not #1 for highest taxes,” said Chairman Sutton. “Dayton’s plan to give Minnesota the highest – or nearly the highest, depending on the day – tax rate in the nation would be like hanging a sign out on the Minnesota border that says ‘Small Businesses Not Welcome.’ The vast majority of small businesses pay their income taxes through the individual income tax rate system and Dayton’s punitive rates would hurt the same small businesses that should be the engines of job growth as we attempt to get our economy moving again.”
Chairman Sutton concluded: “In this race there are two candidates who want to raise taxes and continue to grow bloated and wasteful government – Mark Dayton and Tom Horner. Fortunately, one week from today, Minnesotans have a better choice – a small businessman with a proven track record of holding government accountable and voting against tax increases – Tom Emmer.”
It’s Official: Dayton Would Give Minnesota Nation’s Top Tax Rate
FLIP: Dayton Says He’ll Raise At Least $4 Billion In New Taxes, Non-Partisan Analysts Say Top Rate Would Be Around 13 Percent. “[Tom] Bakk, the chairman of the Senate Tax Committee, says Minnesota can’t realistically tax the rich enough to erase the state’s projected $5.4 billion deficit in the next biennium and can’t afford to pump a boatload of new money into schools when the state is awash in red ink… The Revenue Department’s [Paul] Wilson told Minnesota Public Radio that Dayton’s proposal would require a 40 percent income tax increase on those top earners, raising their rate from 7.85 percent to around 13 percent. That would be by far the highest income tax rate in the nation… Bakk called Dayton’s plan unrealistic… Bakk said he isn’t trying to pick a fight with… Dayton. But he said all the candidates should stop suggesting easy but out-of-reach solutions to the state’s budget problems. He said it’s going to be ‘really tough medicine’ to take. ‘But we should tell them the truth.’” (Bill Salisbury, “Tax the Rich? Is it that simple?” Pioneer Press, December 12, 2009)
FLOP: Dayton Says He’ll Cap The Top Rate At Just Under Hawaii’s Nation-Leading 11 Percent Rate. “Dayton is adamant he won’t match or exceed Hawaii’s top rate of 11 percent, the highest in the country.” (Brian Bakst, “Budget details finally flow fast in Minn. gov race,” Associated Press, September 15, 2010)
FLIP: Dayton Now Says He Wants To Give Minnesota The Highest Rate In The Nation. “[Dayton said:] ‘Adding a fourth income tax bracket of 11 percent … would bring in almost $2 billion for the biennium.’” (Natalie J. Ostgaard, “Farm Talk in Fischer,” Crookston Daily Times, October 21, 2010)
Tags: 2010 Election, 2010 Governor
Topics: 2010 Election, 2010 Governor | 2 Comments »
2 Responses to “DAYTON WOULD MAKE MINNESOTA HIGHEST TAX STATE”
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October 26th, 2010 at 7:28 PM
Dayton is unstable, plain and simple. AFSCME overlords will be rejoicing as jobs and educated young people leave the state like they do in Michigan. Meanwhile since Dayton’s trust fund derives all it’s income from capital gains, his tax hit will be minimal.
October 28th, 2010 at 7:24 PM
Why would I vote one Democrat into the Minnesota legislature? IF Mark Dayton wins the govenorship, we would have the same “one party” legislature we see in Washington with Obama, Reid and Pelosi… the exact crew this counrtry will probably vote out on November 2. Why take a chance in this election cycle?
Vote a republican .. just because..
But then Democrats spending money is just so Minnesota.