MBP Statement Regarding House Omnibus Tax Bill

Charlie Weaver, executive director of the Minnesota Business Partnership, released the following statement regarding the House omnibus tax bill:

“Despite an historic $18 billion surplus, the DFL majority in the Minnesota House has proposed billions in tax increases. This proposal will not only make it harder to recruit talent and businesses to Minnesota but will also make it difficult to convince companies to expand their operations here – further solidifying the state’s reputation for having a hostile business climate. Minnesota already has among the highest tax rates in the nation for personal income, corporate income, business property, and sales taxes. The House tax bill would further isolate Minnesota as a tax outlier and put homegrown businesses at a competitive disadvantage. We urge policymakers to instead pursue tax policies that help Minnesota businesses compete, thrive, and grow.”