Open discussion: Is the timing right to cut corporate taxes?

Filed in Gather Politics News Channel by on January 26, 2009 0 Comments

From MPR News: Is the timing right to cut corporate taxes?

Gov. Tim Pawlenty is scheduled to release his two year budget proposal Tuesday. He has said that it won’t raise taxes and that some of his proposed cuts will be “difficult.” The plan will also include cuts in business taxes which Democrats argue will only increase the state’s budget deficit. But to date, Pawlenty’s tax cut plan is the only tax proposal on the table.

Will lower business taxes attract more businesses to Minnesota? Can the state balance losing business tax cash influx against the existing budget deficit? Are other states considering this move, or is there a successful existing model?

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This is an open discussion. You’re welcome to link to your related Gather articles or other online resources. Your comments may be quoted on the air or on http://minnesota.publicradio.org/your_voice/

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Julia Schrenkler
Interactive Producer
Minnesota Public Radio
American Public Media
Objects in Mirror

 

 

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