Breakdown of proposed taxes for next Minnesota budget

  • By: Star Tribune
  • Updated: April 27, 2013 - 10:23 PM

Here's a comparison of the proposals to raise revenue in the next state budget by the Minnesota House, Senate and Gov. Mark Dayton.

House Senate Gov. Dayton
Permanent income tax increases $290 million $1.2 billion $1.1 billion
Temporary income tax surcharge $1.2 billion 0 0
Corporate tax changes $343 million $62 million $329 million
Sales tax rate reduction 0 $1.2 billion 0
Clothing sales tax 0 $541 million 0
Total sales tax increases $94 million $89.2 million $9.7 million
Alcohol taxes $355 million 0 0
Tobacco taxes $434 million $335 million $365 million

Source: House and Senate fiscal research. Numbers are for 2014-15.

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