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Continued: Using surplus, DFL, GOP jockey to be tax-cut heroes

  • Article by: BAIRD HELGESON , Star Tribune
  • Last update: March 19, 2014 - 10:44 PM

Republicans oppose building up cash reserves, saying the tax money should be in the economy, not sitting in the state’s bank account.

“We are better off letting people keep their money in their pockets,” Hann said.

Senate, House plans differ

Along with beefing up the state’s rainy-day fund, the Senate tax proposal differs with the House in a few keys ways.

The Senate proposal does not rebate money to consumers who paid the new business sales taxes that would soon go away.

House DFLers had wanted to refund millions of dollars to those taxpayers, but Minnesota Department of Revenue Commissioner Myron Frans said it would be too cumbersome and expensive to return the money.

House Speaker Paul Thissen, DFL-Minneapolis, said he hasn’t seen the changes proposed by the Senate, but called it “a very good and important and positive step.”

Thissen said he does not outright reject the notion of increasing the budget reserves, “but I’d need to look at the proposal.”

Staff writer Rachel E. Stassen-Berger contributed to this report.

Baird Helgeson • 651-925-5044

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