The Free Press, Mankato, MN

Editorials

June 20, 2013

Chill out on tax change talk

Why it matters: The arguments of job loss, over-inflated revenue projections are just too early upon which to make any decisions

(Continued)

The second appropriate response comes from Revenue Commissioner Myron Frans who told Politics in Minnesota on a separate taxing issue that judgment on revenues probably should wait until the November economic forecasts is compiled. We also would add we should hold judgment on any adverse effect resulting from taxation. We need empirical evidence not just anecdotal evidence.

Let’s cool our jets for the moment and allow for a dispassionate study on the effects the changes have had — economic changes, the consumption changes and expected change to the state coffers.

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