ST. PAUL LEGAL LEDGER CAPITOL REPORT Minnesota’s distinctiveness as a home to innovation and invention is a favorite theme for those in the business of marketing our state to potential employers and investors. Post-It notes, snowmobiles, indoor shopping malls, water-skiing, the Pacemaker and other momentous advances in technology are among our best known material inventions. Perhaps less famous but more impactful have been innovations... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT As sure as a cold front follows a December snowfall, the end-of-year economic forecast and the state budget projections bring on the howls that Minnesota government is too big and taxes have to be cut. The latest forecast shows a $1 billion variance to the positive, and evidence abounds that Minnesota’s economy is performing well above national averages, despite predictions that the 2013 tax increase... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT At the commencement ceremony last week for some 1,200 proud young scientists and engineers graduating from the University of Minnesota, several speakers reminded us that from these ranks in previous years came the job-producing creativity that helped nurture Medtronic, Cray Research, 3M, and Cargill, as well as life-enhancing innovations in agriculture, medicine and technology. Over the same weekend, as ou... Read More
Optimism rising among rural Minnesota manufacturers, except when it comes to health care MinnPost.com I feel a strong kinship for rural Minnesota business owners, having enjoyed a corporate career that included managing a manufacturing firm in Olivia, the Corn Capital. I'd like to think I can feel their pain. And the pain that I felt at a recent southern Minnesota economic conference was mostly centered around health-care bills... Read More
On taxes, let's recognize business arguments for what they are TC Daily Planet For years, Growth & Justice has been looking for and failing to find strong evidence that Minnesota is losing jobs, wealthy residents and businesses due to corporate and personal income tax rates. Just last month, the Council on State Taxation, an association made up largely of corporate tax attorneys, released a study [PDF] by Ernst an... Read More
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