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Dayton bids for tax overhaul

Dayton bids for tax overhaul Click to Enlarge Photo:

Jan 21, 2013 at 12:50 pm

ST. PAUL, Minn. (AP) - Minnesota's tax code brims with contradictions, carve-outs and just plain confusion. 
 
At least that's how governor after governor has viewed it as he's tried to convince the Legislature and the public that the system is ripe for a remake.

Gov. Mark Dayton makes his pitch for a top-to-bottom overhaul Tuesday. If the past is any guide, Dayton will find a political minefield awaits him.
 
He's trying to address a $1.1 billion projected deficit. And he wants to bring about what he considers to be equity and stability in the system. 
 
He intends to seek a new income tax tier affecting the richest Minnesotans. Administration officials also have been carefully studying ways to reshape the state's sales tax, corporate tax, property tax and tobacco tax.

Abby Faulkner

Posted By Abby Faulkner

Assistant News Director

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