XCR1250 Posted July 30, 2017 Share Posted July 30, 2017 Donate Thinking MN Like us on Facebook + Help us get to 14,000 Likes! Employment data upends liberal narrative on the border battle between Minnesota and Wisconsin By Peter Nelson People love comparing the economic performance of Scott Walker's Wisconsin to Mark Dayton's Minnesota. Both governors were elected in 2010 and took their states in dramatically different policy directions. Walker lowered taxes, ended collective bargaining for public employees, and eventually made Wisconsin a right-to-work state. Dayton raised taxes on the rich, raised the minimum wage, and worked to expand public unions. Most of these policies were implemented between 2013 and 2015. Public policy changes take a long time to begin showing economic impact, but that didn't stop University of Minnesota professor Larry Jacobs from opining on this border battle in a 2013 New York Times op-ed. Nor did it stop all sorts of liberals, including President Obama, from touting Minnesota's superior economic performance over Wisconsin ahead of the last presidential election as proof that blue state policies work. As more time passes, however, it's getting harder for liberals to hold up Minnesota as a model. Since the beginning of the year, Wisconsin added 75,881 jobs, compared to Minnesota's 43,761 jobs. As a result, Wisconsin's unemployment rate dropped below Minnesota's rate in February for the first time since December 2008. Employment data released yesterday report Wisconsin's unemployment rate sat at 3.06 percent in June, over half a percentage point lower than Minnesota. These new jobs also appear to be good jobs. Wisconsin's per capita personal income rose by 1.2 percent in the first quarter of 2017 compared to the 4th quarter of 2016. By comparison, per capita personal income grew by 0.3 percent in Minnesota. See Full Post Minnesota death tax 6th highest in the country and easily worst in the Midwest Report shows Minnesota's estate tax burden is among the highest in the country By Peter Nelson Minnesota is one of 18 states and the District of Columbia that levy either an estate or inheritance tax, often called death taxes. Among these states, a new report by the Tax Foundation shows Minnesota imposes the sixth most burdensome death tax in the country, making Minnesota a real outlier. Minnesota's estate tax burden is even more of an outlier when compared regionally. As the map below shows, Minnesota and Illinois are the only states that impose an estate tax outside the Northeast and the Northwest coasts. Minnesota is further isolated by the fact that Illinois imposes a tax on estates valued at $10 million at about half the effective rate as Minnesota. See Full Post Quote Link to comment Share on other sites More sharing options...
Momorider Posted July 30, 2017 Share Posted July 30, 2017 Leftards turning Minnisota into an even bigger shithole Quote Link to comment Share on other sites More sharing options...
awful knawful Posted July 30, 2017 Share Posted July 30, 2017 Like Ontario? Quote Link to comment Share on other sites More sharing options...
Zambroski Posted July 30, 2017 Share Posted July 30, 2017 Our governor is fucking moron to a degree it's hard to explain. But we have strong conservatives pushing the libs here. It's a good mix. As far as the taxes? I have an out of state trust. So, a big fat fuck you to the g'ment on my death bed. Still, I love the state. They are a pretty well run operation. Like I said though, libs don't have all the pull they want here and they are running a fine line...hairlike with elections. Quote Link to comment Share on other sites More sharing options...
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