{"id":24579,"date":"2010-07-12T13:01:00","date_gmt":"2010-07-12T13:01:00","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/meet-the-pro-tax-candidate-for-minnesota-governor-and-hes-not-ashamed-to-admit-it\/"},"modified":"2010-07-12T13:01:00","modified_gmt":"2010-07-12T13:01:00","slug":"meet-the-pro-tax-candidate-for-minnesota-governor-and-hes-not-ashamed-to-admit-it","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/libertarian\/meet-the-pro-tax-candidate-for-minnesota-governor-and-hes-not-ashamed-to-admit-it.php","title":{"rendered":"Meet the Pro-Tax Candidate for Minnesota Governor – and he’s not ashamed to admit it"},"content":{"rendered":"

<\/a>For Mark Dayton Big Tax Increases make the most sense<\/strong><\/p>

From Eric Dondero:<\/p>

Minnesota's favorite son Walter Mondale, famously remarked that he would absolutely \"raise your taxes,\" in a 1984 presidential debate with Ronald Reagan. Now another Minnesotan is doing the same - unashamedly so. <\/p>

From the AP (via NewsMax<\/a>):<\/p>

Dayton, who is a millionaire thanks to the family department store chain that spawned Target, says he'd impose at least $4 billion in new taxes on people who take home more than $130,000 a year.<\/p>

Dayton argues that middle-class taxpayers are disproportionately picking up the slack through higher state fees for a range of services and rising property taxes to offset deep cuts to local government allowances.<\/p>

\"It's not a question of taxes or no taxes, it's which tax on whom,\" Dayton said.<\/p><\/blockquote>

<\/a>Sarah Palin-backed GOP nominee Tom Emmer says No Way!<\/p>

\"I don't think they understand the ramifications when you throw that pebble into this pond where those ripples are going to go,\" Emmer said of the Democrats' tax plans. \"It's not a matter of being wealthy, it's a matter of trying to create opportunity.\"<\/p><\/blockquote>

The AP goes on to report that Emmer is light on specifics on revenue and spending. However, a simple check of Emmer's campaign website<\/a> shows the details of his program:<\/p>

Minnesota’s tax system has become more regressive in recent years. We have become far too reliant on income taxes to supply our state’s coffers. Over 40% of state revenues come from them, the sixth highest in the nation! The top 10% of income earners pay more than half of Minnesota’s income taxes – the top 1% of income earners pay over 25%, while earning only 15.6% of total income. Raising income taxes will only result in high-income earners leaving the state. This would be a disaster. To recover the taxes paid by one household in the top 1%, Minnesota would have to attract over 400 new households with an income ranging from $53,000 to $67,000. However, since our tax structure is not business friendly, it is unlikely there would be jobs to attract those 400 new households.<\/p>

By reforming our tax structure and reducing the size of government, we empower the individual. Lowering individual and corporate income taxes will attract high-income individuals and businesses to Minnesota. This will result in more jobs being created, which will lead to more Minnesotans making a higher income. With a tax system focused on consumption, rather than income, these newly employed Minnesotans will have more money to spend<\/p><\/blockquote>

\"\"<\/div>","protected":false},"excerpt":{"rendered":"

For Mark Dayton Big Tax Increases make the most senseFrom Eric Dondero:Minnesota's favorite son Walter Mondale, famously remarked that he would absolutely \"raise your taxes,\" in a 1984 presidential debate with Ronald Reagan. Now another Minnesotan is doing the same … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-24579","post","type-post","status-publish","format-standard","hentry","category-libertarian"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/24579"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=24579"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/24579\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=24579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=24579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=24579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}