Minnesota Gov. Tim Walz proposes lower sales tax rate, spending cuts in his budget
Gov. Tim Walz is pitching his first budget under the new Trump era as a counterweight to the incoming president’s threats to impose tariffs, which he says will raise costs on everyday Minnesotans. His plan would lower Minnesota’s sales tax rate for the first time in state history by 0.
How Walz’s proposed ‘tax cut’ would actually raise $108 million a year to help state budget
Walz wants to shift the tax burden to wealthier Minnesotans, but Republican House leaders say any increases are off the table.
Walz’s sales tax cut and expansion push back, governor preparing for Trump tariffs
He wants to cut the statewide sales tax by 0.075% — which is $0.075 on a $100 purchase — moving it to 8.6% from 8.675%.
Walz unveils slimmer Minnesota budget, pitches sales tax cut
Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax rate but called for extending the tax’s reach to financial services.
Budget: Walz pitches state's first sales tax cut, reduction in disability waiver spending
In regards to the statewide sales tax, Walz is proposing a .75% reduction to the tax rate alongside provisions to expand the sales tax base to close so-called "loopholes" for service providers, such as bankers and attorneys.
Reducing statewide sales tax, expanding tax base included in Walz’s proposed budget plan
Also included in the proposal would be an increase to the surcharge for health maintenance organizations, cuts of state funding to private schools, and reduce Special Education transportation reimbursement costs.
Walz proposes first sales tax cut in state history to balance budget
Governor Tim Walz and Lieutenant Governor Peggy Flanagan presented their 2025 biennial budget, which included the first sales tax in the state's history.
Walz 2025 budget would lower Minnesota sales taxes, add them to legal, financial services
Minnesota Gov. Tim Walz's proposed budget offers the first-ever cut to Minnesota's sale tax rate — but it would also expand the tax into new professional services.
Gov. Tim Walz's budget proposal for Minnesota: Here's what's in it
Minnesota Gov. Tim Walz presented his two-year budget proposal on Thursday amid an ongoing power struggle at the Capitol.
Gov. Walz pitches sales tax changes and trimming spending in budget proposal
Gov. Tim Walz's budget proposal would make changes to sales tax collections and trim state spending in an effort to stave off a steep shortfall in future years.
Walz proposes sales tax cut but only for some
Minnesota Gov. Tim Walz presented his two-year budget proposal, and in it he proposed a cut to sales tax but also proposed to raise the sales tax on certain services. FOX 9's Corin Hoggard has the latest.
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How Gov. Tim Walz wants to address Minnesota's potential budget deficit
Gov. Tim Walz pitched the first sales tax cut in Minnesota history and curbs to state spending on Thursday as he rolled out ...
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Walz proposes slowing spending on disability services to address looming deficit
The state of Minnesota is spending more money than it’s bringing in, and if current trends continue, the state will spend ...