When the Minnesota government overtaxed Minnesotans for the past several years, to the tune of a historic $21 Billion ($8,000 per taxpayer), the right thing to do was to give the money back to the taxpayers. But Governor Tim Walz and the Democrat legislature had other plans - spend the vast majority of it on more wasteful government.
Of the $8,000 owed to the taxpayer, politicians only gave back a measly $260 of it, or $1,300 per households of five.
We reported last month that the I.R.S. planned to tax the rebate money, costing recipients between $26 and $286 in additional tax liability. What a bunch of thieves!
It turns out, the Democrat legislature had the ability to stop the rebates from being taxed by declaring it "disaster relief," but they failed to act. Here's a letter sent to Rep Pete Stauber from the I.R.S detailing how the inaction by the Minnesota legislature left them going forward with treating the rebates as taxable income.
If Democrats truly cared about the taxpayers in this state, they'd act immediately when the legislature convenes again in February. They also could give back all the additional overcorrected surplus money that has come in to the state coffers to help Minnesotans as prices continue to rise.