Senate Republicans yesterday attempted to bring forward legislation that would give half that state’s surplus back to taxpayers in the form of a rebate. The bill provides joint filers with a $4,400 check, and single filers with a $2,200 check. The rebates would be one-time checks that would not be subject to state income taxes.
“Democrats promised tax relief, but have repeatedly failed to deliver,” said Senator Jeff Howe (R-Rockville). “Every bill they bring forward spends taxpayer dollars to fund partisan projects, yet they’ve done nothing to provide tax relief to the hardworking folks that have been over-taxed for far too long. Senate Republicans attempted yesterday to bring forward a bill that provides instant tax relief, but like everything else we’ve tried to do, it was voted down on a party-line vote.”
It was also announced that Minnesota has a $17.5 billion surplus.
“Yesterday’s announcement of a $17.5 billion surplus shows that Minnesotans are over-taxed, and that further underscores the need for tax relief,” continued Howe. “Inflation is hurting families and businesses, yet Democrats want to continue raising taxes, despite a historic surplus. Minnesotans deserve to get their money back.”