Nearly 60 alumni from Leadership Minnesota toured the Prairie Island nuclear power plant in Red Wing. The program, exclusive to the Minnesota Chamber, provides an inside look at the state's changing economy and the issues that will shape its future. Andrea Walsh (from left), chair-elect of the Minnesota Chamber Board, President David Olson and Board Chair Dave McMillan attended the Governors’ Summit in Washington, D.C., hosted by the U.S. Chamber of Commerce. The event coincided with the release of the report, “Enterprising States,” which highlights successful state strategies for job creation and economic growth. Businesses leaders provide feedback on Minnesota Chamber legislative initiatives during a regional policy session in Bloomington. Randy Reinke, president and CEO, Custom Products of Litchfield, moderates a Grow Minnesota! panel on how businesses can prepare and maximize their growth as Minnesota emerges from the recession. Andrea Walsh (from left), chair-elect of the Minnesota Chamber Board, President David Olson and Board Chair Dave McMillan attend the Governors’ Summit in Washington, D.C., hosted by the U.S. Chamber of Commerce. The winning foursome from the 2010 golf tournament held in Duluth at Northland Country Club. From left to right: Rebecca Klett, Lockridge Grindal Nauen P.L.L.P., Tom Reinhart, Kwik Trip, Inc., Steve Lasky, Dairy Queen and Nate Mussell, Lockridge Grindal Nauen P.L.L.P. Andrea Walsh (from left), chair-elect of the Minnesota Chamber Board, President David Olson and Board Chair Dave McMillan attended the Governors’ Summit in Washington, D.C., hosted by the U.S. Chamber of Commerce. The event coincided with the release of the report, “Enterprising States,” which highlights successful state strategies for job creation and economic growth. Businesses leaders provide feedback on Minnesota Chamber legislative initiatives during a regional policy session in Bloomington. Randy Reinke, president and CEO, Custom Products of Litchfield, moderates a Grow Minnesota! panel on how businesses can prepare and maximize their growth as Minnesota emerges from the recession. Andrea Walsh (from left), chair-elect of the Minnesota Chamber Board, President David Olson and Board Chair Dave McMillan attend the Governors’ Summit in Washington, D.C., hosted by the U.S. Chamber of Commerce. The winning foursome from the 2010 golf tournament held in Duluth at Northland Country Club. From left to right: Rebecca Klett, Lockridge Grindal Nauen P.L.L.P., Tom Reinhart, Kwik Trip, Inc., Steve Lasky, Dairy Queen and Nate Mussell, Lockridge Grindal Nauen P.L.L.P. Nearly 60 alumni from Leadership Minnesota toured the Prairie Island nuclear power plant in Red Wing. The program, exclusive to the Minnesota Chamber, provides an inside look at the state's changing economy and the issues that will shape its future.

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Fiscal Policy

The Minnesota Chamber advocates tax policies that will keep Minnesota competitive as a place for businesses to create and retain jobs and fulfilling careers for individuals. To do so, government services and programs must be evaluated, restructured and streamlined.

The state’s tax structure is especially important as Minnesota is beginning a period of rapidly changing demographics where the growth in the aging population (those individuals demanding more government services) will significantly outpace growth in the working population (those individuals paying taxes to support the government services). The dynamics necessitate that government seeks greater efficiencies in its operations and focuses on truly statewide priorities.

2010 Legislative Priorities

We will advance spending reform that will focus on three components:

We also will start the discussion on tax reform intended to create a more stable source of tax revenues and to encourage the growth of business in Minnesota.

2009 Legislative Accomplishments

The projected $4.6 billion shortfall in the state’s general fund for FY 2010-2011 was resolved without raising general fund taxes. Several taxes were proposed – and defeated, many of which would have fallen disproportionately on businesses. Proposals included an increase in the statewide property tax, elimination of the foreign royalty deduction and foreign operating corporation provision of the corporate income tax, a new tax on interest income, and a new fourth bracket and across-the-board increases in personal income taxes.

Chair: Scott Brener, SFM
Staff: Tom Hesse, (651) 292-4678, thesse@mnchamber.com

LEARN MORE
Frequently Asked Questions about Fiscal Policy
The questions you want answers for.

LINKS
» Alternative Business Tax Policy
» Corporate Income Tax Policy
» Dedicated Funds Policy
» Local Option and Regional Sales Tax Policy
» Personal Income Tax Policy
» Personal Property Tax Policy
» Property Tax Policy
» Sales and Use Tax Policy
» State Budget: Living Within Our Means Policy
» Sales and Local Fees Policy
» Tax Administration Policy		 Background
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» For more information on smart spending, visit the Coalition of Minnesota Businesses
» State Agencies
» State Legislature

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