Open Forum: Dayton's Compromise
On May 16, Gov. Dayton offered his budget compromise offer: half cuts, half revenue. The governor modified his tax proposal and now the proposed fourth tier bracket would go from $85,000 in taxable income for singles to $150,000 and from $150,000 in taxable income for couples to $250,000. Now Gov. Dayton’s tax plan would affect less than 2 percent of Minnesotans.
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