Like a tax with that?

February 4, 2011 at 2:24AM

The state's glaring $6.2 billion deficit could force lawmakers to consider expanding Minnesota's 6.875 percent sales and use tax to raise money.

GROCERIES

• Potential tax revenue for FY 2012-13: $1.5 billion

CLOTHING

• Potential tax revenue for FY 2012-13: $639 million

SERVICES

• Potential tax revenue FY 2012-13: $5.4 billion (Most of this is business purchases of a long list of professional services, such as legal work and advertising.)

Sources: Minnesota Department of Revenue, Federation of Tax Administrators, National Council of State Legislatures

about the writer

about the writer

More from Business

See More
card image

Minneapolis-based Huxley is just a year old but has already reached Target shelves and is going on a trial run in Costco as it tries to compete with behemoths Red Bull, Monster and Celsius.