RE: Will Minnesota Abolish It’s Income Tax?

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Will Minnesota Abolish It’s Income Tax?

in money •  7 years ago 

It is a great idea but if the tax is too high will it prevent visitors from coming to the state? I'd choose Wisconsin over Minnesota if If my vacation was going to be 10-15% higher due to taxes.

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That's a good incentive for politicians to keep the rate low!

I would think that if businesses weren't getting taxed so much they could lower their rates/prices. Just a thought.