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TAXES

Minnesota is just one of a dozen states that tax income on Social Security payments.
“We just want them to know that that bill is going to be dead on arrival because we believe that we need to see some tax cuts tied to that,” Senate Minority Leader Mark Johnson told reporters Monday.
Under the plan, 90% of Social Security payment recipients would get a tax cut or not pay taxes at all on their Social Security income
While House and Senate Republicans are in the minority in the state Legislature, their tax plan has some crossover with Gov. Tim Walz's budget proposals.

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From the editorial: "There’s a lack of political checks and balances in Minnesota right now that’s far from ideal."
The following is a letter to the editor submitted by a reader and does not reflect the views of the Pioneer. Letters can be sent to letters@bemidjipioneer.com or P.O. Box 455, Bemidji, MN 56601.
The final piece, released Tuesday, Jan. 24, includes what the governor touted as the biggest tax cut in Minnesota history.
The bill brings Minnesota’s tax code into alignment with the federal code, which underwent several changes in recent years as Congress passed pandemic-relief bills.
Paid family and medical leave is a top priority for Democratic lawmakers in the 2023 legislative session.
During the pandemic, federal programs affected tax status for people with student loans as well as the hospitality industry.

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Details previously released by the panel showed Trump paid no income tax in 2020, his final full year in office, despite millions of dollars in earnings from his sprawling business empire.
The reality of DFL control of state government became immediately apparent after Election Day, but what exactly can we expect lawmakers and the governor to do in the coming months?
Trump refused to make his tax returns public during his two presidential bids and his campaign for office, even though all other major-party presidential candidates have done so for decades.

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