Walz proposes slimmed-down 2026-27 state budget, sales tax …
2 days ago · Gov. Tim Walz took a major first step in that process Thursday by announcing his proposed 2026-27 biennium budget, which totals $65.9 billion in General Fund spending. This is a slimming down from the $70.7 billion General Fund appropriations for the current 2024-25 biennium. ... “It brings fairness back into who is paying the sales tax ...
Minnesota Gov. Tim Walz proposes lower sales tax rate, …
Minnesota Gov. Tim Walz proposes lower sales tax rate, spending cuts in his budget. ... Walz’s sales tax plan would lower Minnesota’s 6.875% state sales tax rate to 6.8%, which equates to 7.5 ...
Walz’s proposed budget has ‘tax cut’ that would raise $108M
11 hours ago · When it is both a tax cut and a tax increase at the same time. Gov. Tim Walz on Thursday proposed a budget outline for the next two ... By reducing the state portion of the sales tax from 6.875% ...
Gov. Tim Walz recommends changes to sales tax in upcoming …
1 day ago · Walz is calling for the overall statewide sales tax to be cut from 6.875% to 6.8%, meaning Minnesotans would pay $7.5 cents less on every $100 they spend. That amounts to a $95 million cut to ...
Sales tax cut for some in Minnesota Gov. Tim Walz budget …
1 day ago · The Brief. Gov. Tim Walz proposed a state budget for 2026-2027 that includes the state's first ever sales tax cut. It would also raise more money in sales tax by applying the tax to more ...
Gov. Walz pitches sales tax changes and trimming spending in …
1 day ago · Walz puts forward budget for the next two years 02:07. ST. PAUL, Minn. — Gov. Tim Walz's budget proposal would make changes to sales tax collections and trim state spending in an effort to stave ...
Gov. Tim Walz's budget proposal for Minnesota: Here's what's in it
1 day ago · Sales tax cut for some in Minnesota Gov. Tim Walz budget proposal Chippewa Falls Leinenkugel's brewery closing, family's purchase offer denied Things to do in Minnesota: 6 things to do this ...
Minnesota Gov. Tim Walz pitches sales tax cut, curbs to ... - Axios
1 day ago · Gov. Tim Walz pitched the first sales tax cut in Minnesota history and curbs to state spending on Thursday as he rolled out his latest budget proposal.. Why it matters: It's the DFL governor's opening salvo to a deeply divided Legislature, which has to pass a balanced budget by June 30. Zoom in: Walz said his $65.9 billion two-year spending plan would leave $2.1 billion on the bottom line, a ...
Walz unveils slimmer Minnesota budget, pitches sales tax cut
1 day ago · Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax rate ...
Reducing statewide sales tax, expanding tax base included in Walz…
1 day ago · Gov. Tim Walz has shed light on his plans for Minnesota's 2025 budget, saying he would like to slow down spending in order to balance the budget. ... In addition, the sales tax base would grow to ...
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