The letter writers continue with more talk about government picking winners and losers and who gets help and who doesn’t. I’m not sure I want to live in a state where the government decides who the winners and losers should be? Small business owners and entrepreneurs want predictability, certainty and cost effective reasons to create, grow and expand in Minnesota. Minnesota did just the opposite in 2013.
The DFL claim they are business friendly but they forget about simple basic economics. A dollar in tax revenue is a dollar less that consumers can spend on goods and services and/or that business owners can invest in hiring employees to make and sell those products. It doesn’t matter if the tax is imposed on cigarettes or property, Internet purchases or income. What matters is the total tax burden. Keeping the total burden low is the first principle of a good business climate.
Overall, the negatives far outweigh any positives the DFL can spin from the 2013 legislative session, and the major tax increases are a big setback for Minnesota. It revives the stigma of Minnesota being a very high-tax, unappealing place for someone to expand or grow a business and for investors to invest in.
You don’t see the chamber and NFIB who actually represent businesses in Minnesota claiming the 2013 session was a success. Rep. Brynaert and Johnson as well as the rest of the DFL are out touch with businesses and taxpayers in Minnesota.
John Hollerich is a CPA and owner of Protein Sources LLP in Mapleton, which is an agribusiness consulting firm.