ST. PAUL LEGAL LEDGER CAPITOL REPORT Minnesota for decades has been handing over precious and limited economic development dollars to individual companies as tax incentives, government-funded loans and other public-sector subsidies, and our state is not alone. All states, to varying degrees, engage in this highly dubious strategy to lure or retain businesses and please fast-talking promoters who promise glitzy projects, new construction ... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT Lots of affluent citizens know they have prospered from our public-private system, and they are willing to pay a fairer share for public investments Not long ago, in a richly appointed corporate office with a spectacular view of the Twin Cities, a leading Minnesota businessman confided to me that the redistribution of wealth and income toward the top was becoming so unfair that he actually had begun to wor... Read More
ST. PAUL LEGAL LEDGER CAPITAL REPORT The usual debate has broken out over whether it’s an investment in short-term job creation and long-term economic health, or profligate use of a “credit card.” One of the outstanding things I noticed about Minnesota on arriving here in the early 1970s, right up there with the refreshing coolness of the summer mornings, was the high quality of the state’s physical public infrastructu... Read More
ST. PAUL LEGAL LEDGER CAPITOL REPORT The New Year is often represented as a happy, confident infant, and most of us want what’s best for all our babies. So even if you are not the parent of a baby or a toddler, you really ought to check out the “Parent Aware” website (www.parentawareratings.org). There you will catch a glimpse of an emerging infrastructure for one of the most important and potentially lucrative investments w... Read More
ST. PAUL LEGAL LEDGER CAPITIOL REPORT ‘Common Cents’ citizen meetings on budget will bring common sense to long-term solutions The technology engineer at the table was well-informed, and opinionated, but also reasonable. Although generally skeptical of government and taxes, he cheerfully gave ground to others when he clearly was off-base, such as his assertion that taxes had never gone down in his lifetime (state and national in... Read More
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