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Continued: Minnesota warehouse operator leads effort to overturn new tax

  • Article by: NEAL ST. ANTHONY , Star Tribune
  • Last update: November 30, 2013 - 5:15 PM

• As congressional budget negotiators look for ways to lower deficits, Sen. Bernie Sanders, Ind.-Vt., and Rep. Keith Ellison, D-Minn., have introduced a bill that would cut tax subsidies to oil, gas and coal industries. Ellison said the (long-shot) “End Polluter Welfare Act of 2013” would cut tax breaks, close loopholes, end taxpayer-funded fossil fuel research. This is a looooong shot, despite estimated savings of $100 billion-plus over 10 years. The fossil fuel lobby helped end some ethanol subsidies. Ethanol blends accounts for about 10 percent of U.S. gasoline sales. The White House 2014 budget proposal calls for eliminating several of the provisions cited in the Sanders-Ellison bill.

• Edina-based Nametag International has created a new division called AgTag that will work with agribusiness companies. Veteran principals Mollie Young and Brigid Levin worked with Land O’Lakes to create the ‘WinField’ moniker in 2009 for its seed and crop-protection business.

Patrick Kennedy

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  • At the Murphy Co. warehouse in Minneapolis, President/CEO Richard T. Murphy Jr. pointed out some of the services his family business provides including packaging 2 Gingers whiskey with some glasses for a holiday gift pack.] Richard tsong-taatarii@startribune.com ORG XMIT: MIN1305281545133310

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