What brings in the big bucks in Dayton's sales tax proposal?
- Blog Post by:
- January 31, 2013 - 7:04 PM
What brings in the big bucks in Gov. Mark Dayton's $3.5 billion sales tax overhaul?
The Minnesota Department of Revenue provided an item by item breakdown of what the new 5.5 percent tax is expected to net for the state's coffers. Dayton has proposed to lower the rate for all sales from 6.875 but extend the new lower taxes to a host of new goods and services.
Taxing computer, legal, architectural and engineering, accounting, advertising and employment services would bring hefty hauls to the state coffers. Telecommunications equipment, snow plowing and cleaning, and tennis, golf and dance lessons are smaller ticket items.
See the chart below for a detailed breakdown of the estimates:
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