Wednesday, March 28, 2012

Overall Revenue Options in Minnesota

In class, we have examined and analyzed various revenue sources for state and local governments such as the property tax, sales tax, income tax, user fees and intergovernmental grants.

The Minnesota Budget Project, an initiative of the Minnesota Council of Nonprofits, conducted a study with various revenue raising options to help close the 2012-2013 budget deficit.  The analysis, while not representing a complete tax reform, does provide an analysis on revenue raising options that have been part of public discussion.