Friday, May 08, 2009
You've got taxes!
There's a press conference of the Republican legislative leaders happening probably about now. More details as I get them.
UPDATE: Conference report is up. Larry Schumacher finds it odd.
I've never seen a bill that wraps both taxing and spending provisions together, and neither have the other two reporters on staff here who've covered the Minnesota Legislature in the past.Yes, but it puts two powerful lobbies in play to campaign for a tax increase. (Not like they hadn't already.) For them, it's not "you've got taxes!" but "you've got OPM!"
UPDATE 2: Found an email in a folder I wasn't watching this morning from the House Republican Caucus. They note on this bill:
- 61.6% of all returns in the $250,000 tier report income from a business.
- Raises alcohol taxes by $240.9 million, including increases of 275 percent on 3.2 beer and 143 percent on strong beer. And on fish opener! Dude!
- Puts the top rate at only tied for fourth-highest rate. I guess we should thank our lucky stars it wasn't 9.25%!
- The money for E-12 and HHS is not guaranteed, the caucus release states. "Democrats admitted that cuts in all of these areas could still be made."
UPDATE LAST: As expected, Pawlenty calls it DOA:
The end of the session is rapidly approaching. I understand the DFL majority is poised to pass a hastily processed and ill considered letter tax increase proposal.Rep. Marty Seifert via Twitter notes that all Republicans plus Rep. Gene Pewlowski voted against the measure, which passed 86-47.
If you insist on passing such legislation, I respectfully request you send it to me today so I can veto it immediately and leave a maximum number of days for better legislation to be considered and passed.
Labels: DFL legislature, Minnesota