No end of reaction to Dayton's 'taxing the rich' plan
MORNING EDITION
No end of reaction to Dayton's 'taxing the rich' plan
The external view of Gov. Dayton’s budget plans, including his "taxing the rich" proposal, are rolling in. Amy Merrick at the Wall Street Journal writes: “Evidence on how specific tax changes affect state economies suggests businesses deciding where to locate take many factors into account along with taxes, including work-force education levels and availability of global transportation. But in the wake of big tax boosts in Illinois, neighboring states such as Wisconsin and Indiana are trying to recruit businesses to relocate. Many U.S. governors, both Democrats and Republicans, are holding the line on taxes this year, proposing instead to sharply cut spending and shift some of the burden of providing services to local governments. A smaller number of governors, generally Democrats, are presenting budgets with tax increases as well as spending cuts. ... Mike Hickey, a lobbyist for the National Federation of Independent Business, [says] "This is making Minnesota as unappealing as you possibly can make it."
The Washington Post picks up Martiga Lohn’s story from the AP. It says: “Documents from the state Revenue Department said the tax increases would be partially blunted by federal tax reductions approved in December. Someone at the bottom end of the new tax bracket could expect to pay $139 more per year in state income tax while a couple with $1 million in taxable income could expect a $37,000 hit, according to the calculations. The conservative Tax Foundation ranks Minnesota and New York as tied for the country's eighth-highest tax income rate currently. Minnesota's current top tax rate of 7.85 percent applies to taxable incomes starting at $75,000 for individuals and $132,000 for couples.”
Departing U of M President Bob Bruininks is generally pleased with Dayton’s budget and its lighter hand on education. Jena Ross quotes Bruininks on the Strib’s “Campus Connect” blog: “The Governor’s proposed funding level for the University means we will be able to hold any tuition increase for Minnesota students for the upcoming academic year at a very modest amount necessary to cover inflation. This lower tuition level will protect students and their families first, while we continue the hard work to cut our expenses and balance the University’s budget.”
Singer-songwriter Lucinda Williams has a lot of fans in the Twin Cities. (Her concerts this weekend at The Dakota sold out in about a nano-second.) Veteran music writer Rick Mason interviews her for City Pages: “She'll introduce some of the new material during two almost instantly sold-out solo acoustic shows at the Dakota, and a third, which was subsequently added. It'll be the first time Williams and [new husband, Minnesotan Tom] Overby, also her manager, will be back in Minnesota since the wedding. They'll celebrate by welcoming many of the same people who attended the nuptials, as well as taking a swing down to Overby's hometown of Austin to see the house where he grew up.”
According to Burl Gilyard at Finance & Commerce, the Uptown Bar will NOT be moving into the Lyndale Theater: “The Uptown Bar was razed to make way for a new Apple Store at 3018 Hennepin Ave., which opened last year. Last summer, Finance & Commerce reported that the Uptown Bar had signed a lease at the former Lyndale Theater at 2934 Lyndale Ave. S. in the Lyn-Lake commercial area. But now that deal is off the table. ‘The investment group that was working with Uptown Bar was not able to come to terms with the Lyndale Theater,’ said Jeffrey Herman, president of the Minneapolis-based Urban Anthology, a retail brokerage and development firm.”
The Minneapolis filmmaker on trial in Des Moines, accused of making a stunning run at Iowa’s tax credits for moviemaking, had to sit and listen Tuesday as a Hollywood peer called her “unlawful, immoral and unprofessional.” Lee Rood of the Des Moines Register reports: “Lawrence Mortorff, who has made more than 35 movies including 'Pure County II' and a remake of 'The Jungle Book,' said he had never seen a filmmaker use several of the tactics that Wendy Weiner Runge used in Iowa. Among them: submitting a dozen projects to the state before a law change tightened and capped Iowa’s generous incentives, and increasing by a factor of 10 — from $55,000 to $2.5 million — film production costs over a period of a couple months.”
The topic on Laura Ingraham’s radio show Tuesday, with guest Michele Bachmann, was “breast pumps.” Catalina Camia of USA Today writes: “Michele Bachmann criticized Michelle Obama over the government's role in breast-feeding, accusing the first lady of trying to lead a ‘nanny state.’ ... Last week, the Internal Revenue Service issued a rule saying breast pumps and other nursing supplies can be deducted as medical expenses. A woman can also get reimbursement for such supplies through a health savings account, the IRS says. The first lady also recently remarked how breast-feeding can help reduce childhood obesity. ‘I've given birth to five babies and I breast-fed every single one,’ Bachmann said. ‘To think that government has to go out and buy my breast pump. ... That's the new definition of a nanny state.' " Or a “wet nurse state,” if the IRS is giving deductions for those as well.
And in the context ... Michael Lind at Salon admonishes liberals to think twice before wasting valuable media time snickering at the latest silly-to-flabbergasting thing said by Bachmann, Glenn Beck or Sarah Palin: “The economy is still in a coma, revolution is rocking the Middle East — but you can be sure that Rachel Maddow and Chris Matthews will take time to snicker at something silly that Palin or Bachmann or Beck said in the last 48 hours. Is the constant mockery of these bloviating right-wing demagogues really the best use of precious center-left media time? ... Mockery of Palin, Bachmann and Beck may backfire on the left by making conservative and libertarian politicians with equally nutty ideas but more statesmanlike gravitas appear to be more moderate than they really are. Rep. Paul Ryan, the Republican chairman of the House Budget Committee, has ideas about the budget and social policy, like voucherizing Medicare, that are just as crazy as anything spouted by Glenn Beck. But he looks dignified in a suit and speaks the language of policy wonkery, so he gets respectful attention, while liberal pundits pummel right-wing media blowhards and less influential politicians like Rep. Bachmann.” Brother ... a guy can’t have any fun anymore.
Bachmann et al. will be happy to hear that there are no cushy, long-term, fat-pension government jobs involved in Home Depot’s hiring 700 people here in Minnesota. Dave Phelps and David Shaffer report for the Strib: “Home Depot said Tuesday it will hire nearly 1,000 part-time seasonal workers for its 32 Minnesota stores, including 700 workers in its 20 Twin Cities stores, to handle the annual spring crush of business that appears to portend a pickup in home improvement projects as well. Nationally, Home Depot said it plans to hire 60,000 seasonal workers (about the same as last year) and has increased its permanent workforce by several thousand year-over-year for the second year in a row.”
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Comments (15)
The topics that Congresswoman Bachmann chooses to rail against don't usually get to me. Oftentimes, it doesn't affect me personally, and I believe that she is saying things that will get her a lot of press.
This breast pump issue is way out there, but it hits pretty close to home.
There are a myriad of reasons why someone would need to use medical equipment, and the decision to use a machine assist you with what is a natural and simple for many people is not simple. I am glad that Bachmann didn't run into any issues with her children, but her experience doesn't invalidate that of many others.
Deductions for medical equipment is an empathetic and appropriate way to show the women of this nation that we want to help them feed their children any way they can.
Bachmann, tax attorney extraordinaire (who previous deliberately confused gross vs. net taxable income in pursuit of her vitriol), now doesn't understand why it is possible that a woman who is working out of the home with a nursing child at home may regard a breast pump as a legitimate deductible expense necessary to keeping a job.
So Bachmann is fine with some middle-aged guy buying his viagra with his health-savings acount, but a new mother can't use it to buy the 200-300 dollar device so that she can return to work and still breast feed? Perhaps one shouldn't give this idiocy any attention, but that just allows her to keep building the mountain of lies...
Better to take the breast pump as a job-related expense, where it is only subject to the 2% floor, than as a medical expense with its 7.5% floor. Most folks don't even qualify to claim medical expenses as a deduction, especially those of child-bearing age. Are we ever going to hear any real solutions being proposed for the deficit problems?
I guess, with all that farm subsidy cash, Michelle B. had no need for a tax break on her breast pump.
Personally, I don't think you can mock Bachmann enough.
Granted, the spectre of a discussion involving breasts by Ingraham and Bachmann is essentially a trifecta on the Lamb-o-meter Meltdown Scale, the topic was only one of Laura's many last night, and it was brought up in reference to the First Lady's latest attempt to legislate the ridiculous.
The topic happened to coincide with Michele's call-in, so she commented on it.
My god, man, what IS it about attractive conservative females that causes you to completely lose your composure and (scarce to non-existant) objectivity?
I can obtain an aircheck if you need one.
Of course there is a well publicized reaction to Gov. Dayton's plan to increase taxes on the wealthiest Minnesotans. The rich control the message and the means to the message. The guy down the street doesn't have the same clout as the Wall Street Journal. Who is going to get quoted in articles like these? We should not be surprised at a well-orchestrated rebuttal to his plan. This is nothing. Wait until it gets debated in the state legislature. I'm sure the responses have been carefully crafted already. The rich will probably be able to hold on to their less-than-the -little-guy percentage toward taxes. That is unless a bunch of us little guys learn a lesson from Egypt about message consistency and integrity.
So, today we're attacking breast pumps as tax deductions, huh, Michelle?
First of all, taking a deduction on something on your taxes isn't the same as the government BUYING it for you. It's not like Mrs. Obama will be personally delivering pumps to every new mother in America. You still have to buy them of your own free will.
Second, can we equate this to mean Bachmann opposes any sort of tax deduction related to medical expenditures? Or is it really just breast pumps she's after?
Third, why does she care what people can spend their HSA dollars on? I'd say THAT'S the real nanny state right there!
Oh, and love the wet nurse joke. Totally peed my pants. My New Year's resolution (for the second year in a row) of ignoring this woman is just not going well.
BD,
Please explain to me what exactly Ms. Bachmann's physical appearance has to do with her comments on this or any other topic.
#9
Your question is better posed to the author, who inaccurately framed an innaccurate article, while satisfying his daily need to portray attractive conservative women inaccurately.
The point being, Ingraham called out the First Lady for attempting to nanny-state us again, this time in the arena of breast-feedding.
You really can't make it up.
There you go again, BD. I do not understand your obsession with the physical appearance of female politicians.
It seems even more odd in light of the female-bashing policies being churned out daily from Republicans in Congress and the Minnesota Legislature--including legislation in Minnesota that would end equal-pay protections for women employees in public sector jobs. Now THAT's ugly.
Our time is much better spent scrutinizing what our elected officials are actually DOING to protect and advance equal rights and representation for women, not prattling about how they look.
"My god, man, what IS it about attractive conservative females that causes you to completely lose your composure"
This is getting downright uncomfortable.
How about some substance from Mr. BD. Can you defend her confusion about gross vs. net income? Because it's awfully suspect for a tax attorney. Might make a cynic think she was stupid. Or lying. Oh wait, no, it's not that that bothers me, it's her bland zombie-eyed attractiveness that's messing with me head. You're on to me BD!
Just a thought or two about "the rich."
I have no problem with people being fabulously well rewarded when they have invented or developed a product, a process or an idea that provides such massive benefit to society in general that the profits from their efforts have allowed them to become wealthy (as long as they have offered deservedly generous compensation to all the workers who labored at their behest to actually accomplish that success).
But I challenge a single wealthy person, especially those steadfastly whining about these minor increases in the taxes of people like them who can most easily afford to pay and are least likely to even notice the difference in their discretionary spending money,...
what have YOU done, exactly that has provided such great worth to the citizens of the State of Minnesota that it justifies the level of resources you have now gathered into you own coffers?
Most have no honest and accurate answer to that question because they've only gotten wealthy by gaming themselves, or benefiting from the gaming of a system which has been, year by year, restructured to allow them to extract more and more of the resources that should, in a just world, be going to or remaining with other people into their own pockets.
The fact is, as the state economy and the state government are currently structured, the "rich" have been allowed to become a drag on our state's economy, because they are protected from paying their fair share of taxes (a percentage of the proceeds of their labor equal to the middle class), they gather up the vast majority of proceeds of everyone else's labor into their own pockets and they produce nothing of value to the overall population of the state.
Most of them SHOULD be hanging their heads in shame, but the very least penance they can do is pay the modest increase in taxes they can well afford to pay in order to help avert complete disaster.
Finally as to the state's business "attractiveness," the vast majority of Minnesota's most successful businesses have been home grown and have arisen out of the kinds of creativity and intelligence fostered by one of the best educational systems in the nation.
In the past, it hasn't mattered much that we weren't attractive to the kind of business CEOs for whom low taxes and a large supply of (not necessarily highly-educated) compliant worker drones were the most important consideration.
In fact, those types of business leaders are a drain on a state's economy and on the lives of their workers. Let them go somewhere else. Rebuild the systems that fostered and enabled the birth of 3M, Control Data, Medtronic, Dayton's, Best Buy, etc. and we will find our state well positioned for a prosperous future.
If a few of the most useless, selfish and self-serving of our "rich" citizens choose to exit our state, let them go. No doubt they'll be quite capable of draining the lives out of and the resources out of the citizens and government of some other state. It's equally sure that more than a few of them will, like Bill Cooper, discover that, despite their massive wealthy, the grass in those "low tax" states is not as green as they assumed it to be.
BD, isn't it a little sexist of you to think that whenever someone criticizes the political ideas or policy positions of Bachmann or Palin, they're doing it because (you think) those women are attractive (personally, I don't find the blank-eyed stepford wife look to be appealing).
What about the women who criticize the two you have a crush on (see above)? Are they doing it because of perceived physical attractiveness too? Does this mean liberal women are all lesbians (*please* bite on this one, *please*...)?
You do realize you're the only one who ever mentions the physical appearance of these women, right? It seems like you're a little obsessed. Give it up, man, you don't have a chance with either one of them.
And I agree with Jeff, this whole attractiveness thing you keep bringing up is getting uncomfortable. The rest of us only talk about the things Bachmann and Palin say. Maybe you could stay focused on issues as well?
Unless it's all just troll bait, in which case I just fed the troll :(
Republicans in the legislature (and outside it, I'd guess) seem to have forgotten that many businesses favor increased taxes because our deteriorating infrastructure has -- or may soon --damage their bottom lines.
Many also, like Michelle Bachmann, confuse business income with the net profits of unincorporated small businesses -- which is the PORTION of their business income which must be reported as personal income. Such as $1 million gross, $198,00 taxable net after expenses. I believe they do this intentionally to confuse those who hear that untruth repeated over and over again.