On Monday, the Minnesota House passed a bill that would conform Minnesota's tax laws to the federal tax cuts, thus providing $107 Million of tax relief to Minnesotans. Rep David's tax bill (HF4385) passed on vote of 90 to 38. If the Legislature didn't act, Minnesota taxpayers would face a nightmare come tax filing period next year when the Dept of Revenue would require a separate tax form to use as its basis for levying taxes.
We score bills positively that reduce the amount of resources that go to government coffers, instead staying in the hands of individuals and businesses. Action 4 Liberty would have liked to see the bill go further though. The state faces a $329 Million budget surplus, which we called for all of it to be returned to Minnesota taxpayers. This bill only accounts for a third of that amount.