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Dayton’s budget won’t be popular

February 16, 2011
The Journal

Gov. Mark Dayton's budget plan, presented Tuesday, is vastly different from budgets proposed in the past eight years by his predecessor. While Tim Pawlenty never proposed an increase in income taxes, Dayton is proposing $2.8 billion in new taxes on the top five percent of income earners, setting up a new tax bracket for single filers making $130,000 or more, or couples making $150,000 or more. He would also put a three-year surtax on those earning over half a million a year.

 
 
 

 

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