Kiplinger recently released its rankings of the best and worst states for taxes and Minnesota joined Maryland, New York, Illinois, California among the highest taxing states in the country. Minnesota ranks sixth in individual income tax burden and eighth in corporate income tax burden. Minnesota also boasts higher elevated sales tax than most other states.
Though Minnesota is not tax-friendly, it ranked second on a best places to live in a Politico survey and was graded 'A+' for quality of life. What are Minnesotans gaining from the high taxes in the state and is there hope for tax reliefs in the future?
MPR News host Kerri Miller talked to two experts to learn more about why Minnesota's taxes are so high.
Guests: Nan Madden— Director of Minnesota Budget Project, an initiative of the Minnesota Council of Nonprofits
John Hinderaker—President of the Center of the American Experiment
You can listen to the full discussion using the audio player above.
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