Rep. Keith Ellison, the Minnesota Democrat who co-chairs the Congressional Progressive Caucus, released the liberal vision for the nation's finances Wednesday. He says it creates jobs and lowers the deficit by increasing taxes on corporations and wealthy individuals and raising the cost of carbon to pay for new roads, bridges, transit, energy and water projects, as well as job training programs.
The budget contemplates raising $1.2 trillion in revenue over the next decade by raising the tax rate on households with over $250,000 in income and raising another $1.2 trillion by raising the cost of carbon. Another trillion would come from taxing financial transactions.
View the details here http://1.usa.gov/1fuh2zn.
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Gov. Mark Dayton said it’s government’s job to help people in urgent need who are in their predicament through no fault of their own, so back to session we go to give 100 tourism related businesses loans, tax abatements and more advertising to help shore them up in the walleye crisis.