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 increases would be bad for business and slow ou... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT Many people who visit Alaska see it only on cruise ships, or they fly in to Anchorage and get out to the “real” Alaska as soon as they can, to the more scenic grandeur of the wilderness or the prime fishing and camping spots, where they typically rub elbows with a mostly affluent and mostly white crowd of fellow travelers and tourist industry employees and entrepreneurs. That’s what... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT That done-to-death phrase about all the kids being above average has been applied frequently, and sometimes ironically, to all Minnesota children. But it’s important to note that its author, Garrison Keillor, actually applies it every week on his “A Prairie Home Companion” show only to Lake Wobegon, the mythical rural town somewhere in central Minnesota and deep in our historic consciousn... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT The 237th anniversary next week of the signing of the Declaration of Independence will generate predictable effusions about the place of individualism and personal freedom and lower taxes as the most (or only) important principles behind these United States of America. Too often forgotten is that the very first of the “self-evident truths” spelled out in that declaration was that all huma... Read More
I’ve never had that much difficulty figuring my own taxes and it’s getting easier all the time, especially with those commercial online tax-filing programs that do a pretty decent job of step-by-step calculation. Except when they make mistakes, as my private-sector preparer did this year in its software for my Minnesota income tax. The state and the preparer got together and fixed that minor glitch within days of its discovery. As u... Read More
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