Minnesota is listed by Kiplinger as the No. 1 worst taxing state in this nation. So now the governor wants to increase the distance between Minnesota all other states to an even higher taxation state. Is government like so many individuals that do not know the difference between necessities and luxuries? Regardless of the type of tax, be it service related, product related, health related, etc., every single tax dollar is paid by the consumer.
For each type of tax collected I would guess that the businesses that collect taxes for Minnesota, there is an increase in the base price of the service or item purchased to cover the administrative cost for collecting taxes for Minnesota. Does that mean that a 2 percent tax increase may be as much as a 4 percent increase of the total purchase price? If government thinks the administrative costs for collecting taxes for Minnesota by businesses is done out of the goodness of their business heart, government is (fill in the blank).
And which economic group is most impacted by increasing taxes? Is it the low to middle income group or those in the upper income brackets?
Kent Rees
Emily
