Chart: Highlights of Dayton's budget
January 29, 2013 at 2:55AM
New taxes would net $2.1 billion.
Sales tax rate would drop to 5.5 percent from 6.875 percent and be broadened to most goods and services.
Seven-county metro sales tax increase of 0.25 percent for transit.
Top 2 percent of wage earners would pay a new, fourth-bracket rate of 9.85 percent.
Corporate taxes would fall to 8.4 percent from 9.8 percent.
Cigarette tax up 94 cents a pack, for total of $2.17 per pack.
Property tax rebate of $500 a year for homeowners.
Sales tax on Internet sales.
Education increases for higher ed, special education, early learning, optional all-day kindergarten.
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Republicans have launched a probe into Walz’s ties to the country, but some U.S.-China experts think it’s unlikely to go anywhere.
