BUSINESS TAXES
Contrary to reports, firms are overburdened
Much has been made about the Council on State Taxation's (COST) recent report on business tax burdens. One statistic grabbing the attention of some legislators and pundits is that Minnesota ranks 35th-highest by one measure: state and local business taxes as a percent of gross state product (GSP). Those who quote that statistic should have read the entire report. COST specifically says it does not provide "sufficient information to fully evaluate a state's competitiveness."
Furthermore, there is a quirk in the COST study. A state with high labor costs, such as Minnesota, will typically rank low even though its business taxes are above average or even high. That's because higher labor costs lead to higher GSP -- both good things -- but also lower the ratio of business taxes to GSP.
A closer look at the state's business tax structure is necessary. The Minnesota Taxpayers Association reports that in 2007, Minnesota had the 14th-highest corporate income tax per $1,000 of income, the ninth-highest personal income tax and the 36th-highest sales tax. In addition, in 2009, the state ranked 11th-highest for a $1 million commercial property in the largest urban city.
So before everyone concludes that Minnesota has no business tax problems, read the entire report.
TOM HESSE, VICE PRESIDENT OF GOVERNMENT AFFAIRS, MINNESOTA CHAMBER OF COMMERCE
CONTRACT TALKS
Ad from hospitals only told part of the story
Twin Cities hospitals ran an ad in the May 2 newspaper touting honors and designations recently bestowed upon them. These are examples of the good things that can happen when RNs and hospital administrations work together. Sadly, contract proposals put forth by the Hospital Association indicate the organization is no longer interested in collaborating with nurses.
Currently, one of the best collaborative measures we have gives a charge nurse the authority to refuse to admit more patients to a unit under certain conditions.
The hospital's proposal places a time limit on how long the unit may be closed to admissions. If a nurse feels he or she cannot accept another patient without compromising quality of care, I call that a concern and a problem. Apparently, the Hospital Association calls it rhetoric.