Watch for some ironic hoopla this week on the 10th anniversary (June 7) of President Bush's tax cuts, the largest federal income tax rate reductions in modern history, which were preceded in Minnesota by similarly historic cuts in the state's income taxes. The main "celebrants" are progressive policy groups who are critical of those tax cuts, and considering the economic picture of the last decade, it's obvious why the anti-tax, anti-... Read More
One great thing about having 50 different states trying to balance budgets is that Minnesota can learn from the mistakes of others. Arizona, for instance. A year ago, 64% of Arizona voters approved Proposition 100, a three-year, one-percent sales tax increase to fund education, which was to receive two-thirds of the proceeds; health care and public safety would split the other third. The tax produced less revenue than expected, but that wasn'... Read More
For a bracing antidote to the current cynicism about our ability to solve problems with our own democracy, mark your calendars and reserve your spot for May 27 and particpate in an all-day commemoration of the life of Minnesota's own immortal Hubert H. Humphrey (details at bottom of post). That date will mark the 100th anniversary of the birthday of "The Happy Warrior," as he frequently was called. An enriching and rather cerebral cele... Read More
It's sometimes hard to get top business executives to locate to Minnesota -- what with the cold weather and progressive income taxes -- but once they've lived here awhile, it's even harder to get them to leave. I've heard some version of that story many times in business quarters, most recently at a BioBusiness event in Rochester. Those of us who have lived elsewhere have theories about this. ... Read More
For a second consecutive year on Labor Day Sunday, I had the privilege of delivering the sermon at my Unity Church in St. Paul (Unitarian Universalist). I focused on the the great tradition of progressive capitalism in Minnesota, embodied by people like William Drew Washburn, the founder of the forerunner of General Mills and the founder of the First Universalist Society of Minneapolis, and the subject of Read More
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