The other shoe: Tax cuts in stimulus bill will increase Minnesota deficit by $120 million

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The other shoe: Tax cuts in stimulus bill will increase Minnesota deficit by $120 million

by Steve Perry
Published: March 26,2009
Time posted: 1:00 am
Tags: Federal stimulus package, Minnesota 2010-11 budget, Minnesota budget deficit, Taxes

As it turns out, the shower of federal dollars that came to Minnesota with the passage of the American Reinvestment and Recovery Act has brought a sprinkling of red ink as well. The Minnesota Department of Revenue today released its estimate of the dollars the state will lose as a result of adopting the tax ...

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