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Article: Cuts, Tax Hikes Part of Democratic-Farmer-Labor Leaders' Minnesota Budget Plan.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- April 8, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Patrick Sweeney, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News
Apr. 8--The Minnesota cigarette tax would be tripled and individuals earning more than $135,000 a year would pay a new, higher income tax under a budget-balancing plan proposed Monday by Democratic-Farmer-Labor leaders in the state Senate.
The Democratic plan calls for the state to spend $29.6 billion over the next two years, $1.2 billion more than Gov. Tim Pawlenty and his allies in the Republican-controlled House want to spend. DFL leaders said their plan would allow all Minnesotans to "share the pain" of maintaining important funding for public schools and ...