Fix the Minnesota Deficit (user search)
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  Fix the Minnesota Deficit (search mode)
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Author Topic: Fix the Minnesota Deficit  (Read 700 times)
I spent the winter writing songs about getting better
BRTD
Atlas Prophet
*****
Posts: 113,437
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« on: April 18, 2011, 12:58:41 PM »

http://www.minnpost.com/fix_minnesota_deficit

Easy. Here's what I did:

Increase tobacco tax
Adopt a corporate “throwback” rule
Allow a racino or some other state-sponsored gambling
Close "Snowbird" loophole
Tax mansions
Close corporate loopholes
Increase Medical Assistance surcharges
Create a new 10.95 percent bracket for taxable income above $150,000 a year for married couples
Eliminate home-mortgage interest deduction
Eliminate property-tax deduction
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I spent the winter writing songs about getting better
BRTD
Atlas Prophet
*****
Posts: 113,437
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« Reply #1 on: April 18, 2011, 01:09:28 PM »

-Tax the “income” some workers get in the form of employer contributions to their health insurance and pension plans

I tried to avoid this one even though it covered more than half and it's not really a horrible idea.
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I spent the winter writing songs about getting better
BRTD
Atlas Prophet
*****
Posts: 113,437
Ukraine


Political Matrix
E: -6.50, S: -6.67

P P
« Reply #2 on: April 18, 2011, 01:14:44 PM »

-Tax the “income” some workers get in the form of employer contributions to their health insurance and pension plans

I tried to avoid this one even though it covered more than half and it's not really a horrible idea.

Regardless if you like "free market" healthcare or state managed...the fact this type of income (and it is income) isnt taxed...keeps the current crappy system going.

Of course. And Obama toyed with doing this. The problem is that there too many Democratic constituencies (many union workers and former union retirees) who benefit too much from it for the Democrats to be able to push for it and the Republicans won't because "OMG TAX INCREASE!"
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