Dayton Renews “Tax The Rich” Plans
The Associated Press is reporting that Democratic Gov. Mark Dayton will push his plan to raise income taxes on the richest Minnesotans regardless of the state’s budget situation next year.
Asked on a Minnesota Public Radio program Monday how long he would keep the proposal in play, Dayton answered “until I’m not governor anymore.” Dayton’s term runs through 2014 though he says he’ll run for another four years.
He campaigned on a promise to increase taxes on top earners. He says it is as much about leveling the percentage of taxes people pay as it is a way to balance a state budget.
Dayton dropped the tax proposal last year during a government shutdown as Republicans, who have a legislative majority, objected to it.
This tax issue will affect many of the races we will cover this fall.