GOPbudget plan leaves MN’s behind/helps corporate special interests get ahead

Posted by HBC Newsdesk April 20, 2015

House DFL leaders say the Republican budget will leave behind behind kids, working families, and greater Minnesota in order to help corporate special interests get further ahead.

“The Republicans have made a choice that tax breaks for corporations and special interests are more important than educating our kids or investing in Minnesota’s future,” said House DFL Leader Paul Thissen. “These are the wrong choices for a better future for Minnesota. With a $2 billion surplus and growing economy, we should embrace this chance to create more opportunity for all Minnesotans to get ahead.”

Despite a $2 billion surplus, Democrats say the Republican budget plan would result in teacher layoffs, wage cuts for working Minnesotans, higher tuition, and more expensive health care coverage. At the press conference, legislators were joined by teachers, parents, servers, and other Minnesotans who would be negatively affected by the Republican budget:

According to the DFL Caucus, the biggest reason Minnesotans are being left behind is that Republicans are focused on a massive tax giveaway that favors corporate special interests. The largest permanent tax break in the Republican plan seeks to eliminate the statewide business property tax for all corporations and businesses. When fully phased-out, this amounts to $5 billion in corporate and business tax breaks over the next eight years.

“There’s no question the biggest long-term winner in the Republican budget is big corporations that would get billions in tax breaks,” said Thissen. “These tax cuts are incredibly short-sighted. Not only would our schools and students be shortchanged this year, they would likely pay the price down the road because the Republican plan is a recipe for budget deficits in the future.”

Comments are closed.

Connect with us

Featured Video

Catch the latest from HBC TV 25 Today

Latest Tweets