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Gov. Walz pitches sales tax changes and trimming spending
Gov. Walz pitches sales tax changes and trimming spending in budget proposal
Gov. Tim Walz's budget proposal would make changes to sales tax collections and trim state spending in an effort to stave off a steep shortfall in future years.
Minnesota Gov. Tim Walz proposes sales tax changes, spending cuts in his budget
Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to impose tariffs, which he says will raise costs on everyday Minnesotans. His plan would lower Minnesota’s sales tax rate for the first time in state history by .
Walz’s sales tax cut and expansion push back, governor preparing for Trump tariffs
He wants to cut the statewide sales tax by 0.075% — which is $0.075 on a $100 purchase — moving it to 8.6% from 8.675%.
Budget: Walz pitches state's first sales tax cut, reduction in disability waiver spending
In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the sales tax base to close so-called "loopholes" for service providers, such as bankers and attorneys.
Gov. Tim Walz recommends changes to Minnesota sales tax, cuts for disability services in upcoming budget
House and Senate Republicans balked at Walz’s recommendations and signaled they would resist any new taxes or fees.
Reducing statewide sales tax, expanding tax base included in Walz’s proposed budget plan
Also included in the proposal would be an increase to the surcharge for health maintenance organizations, cuts of state funding to private schools, and reduce Special Education transportation reimbursement costs.
Walz 2025 budget would lower Minnesota sales taxes, add them to legal, financial services
Minnesota Gov. Tim Walz's proposed budget offers the first-ever cut to Minnesota's sale tax rate — but it would also expand the tax into new professional services.
Walz proposes sales tax cut but only for some
Minnesota Gov. Tim Walz presented his two-year budget proposal, and in it he proposed a cut to sales tax but also proposed to raise the sales tax on certain services. FOX 9's Corin Hoggard has the latest.
Walz, Flanagan call for sales tax cut, other changes in budget proposal
The announcement comes amid ongoing drama in the Minnesota Legislature.
2d
Phoenix will consider sales tax increase to combat shrinking revenue
Phoenix City Manager Jeff Barton will ask the City Council to consider up to a 0.5% sales tax increase in response to lower ...
katc
10h
Sales tax on streaming services to hit consumer bills this month
Louisiana residents will pay more for streaming services following new sales tax, consumers not happy with increase ...
3d
on MSN
Proposal: eliminate income tax, add 5% tax on gas, allow cities, counties to levy local sales tax
Mississippi House leaders have unveiled a tax cut proposal that would eventually abolish the state income tax, slash taxes on ...
1h
American Express to pay $138M to resolve investigation into sales and marketing
AmEx provided inaccurate tax advice to customers and potential customers, the U.S. Attorney for the Eastern District of New ...
5h
on MSN
Rep. Stark files bill to exempt small nonprofit sales tax
LAWTON, Okla. (KSWO) - Representative Marilyn Stark has filed a bill for sales tax exemption for certain nonprofits.
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Tim Walz
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