Earlier this month, Wisconsin Governor Scott Walker scored a major victory when a federal appeals court upheld a state law.
Politics + Public Policy
SEC rulemaking is needed before last year’s JOBS Act can be fully implemented. Once it is, who will use this new route to capital?
The Minnesota Chamber of Commerce contends that portions of Mark Dayton’s proposed tax reform will have a negative effect on the state’s business climate; some city officials, meanwhile, praised the governor’s investment in local government aid.
The governor’s budget proposal raises taxes on Minnesotans earning $150,000 or more; it also lowers the state sales tax rate while collecting sales taxes for more items.
The Business Roundtable, which counts among its members CEOs who head Minnesota companies, is calling for a gradual increase in both the Social Security retirement age and the Medicare eligibility age.
The Kresge Foundation, led by former McKnight Foundation President Rip Rapson, unveiled a 50-year blueprint for Detroit and pledged $150 million to help revitalize the ailing city.
Members of the Business Roundtable—which includes some CEOs who head Minnesota companies—said they support “a balanced solution to the fiscal cliff and long-term deficit and debt issues,” adding that “no options should be precluded from a potential solution.”
Despite warnings from economists that the “fiscal cliff” could have dire consequences for the U.S. economy, more than half of those who responded to a recent poll indicated that it might be sensible to take the plunge.
A study by the Tax Foundation estimates that a Minnesota household earning $87,319 would pay an estimated $4,382 more in taxes in 2013 than they did in 2011, if Congress is unable to avert the so-called “fiscal cliff.”
Hundreds of lawyers and poll watchers are reportedly stationed throughout the state this election day; meanwhile, some voters have encountered long lines, and the state’s business leaders await the outcome of the election and its impact on their companies.
Portland’s public policies of the past have created a more connected and transit-possible city than Minneapolis.
Small businesses owners in the state who responded to a recent survey said that the economy and jobs are the most critical issues in the upcoming presidential election, while ethics, honesty, and corruption in government are also important when selecting a candidate.
The White House has decided to fast-track the federal permitting and environmental review process for the Southwest Corridor light-rail line.
The project received the largest portion of $47.5 million in capital grants just awarded by the state; among other high-profile projects, the Metropolitan Council received just $2 million of the $14 million it requested for the proposed Southwest Corridor light-rail line.
The state assigned scores to 37 projects vying for a portion of the funds, and Governor Mark Dayton is expected to make a final determination about the winners later this week.
The mayor also called for a 1.7 percent hike in the city’s property tax levy, although he said that most Minneapolis homeowners are not expected to experience an increase in their city property taxes.
Chris Coleman’s proposed 2013 budget would reduce spending by $1 million, increase the property-tax levy by 1.9 percent, and restore $1 million in funding to the police department.
Capella University said that the proposed marriage amendment will negatively impact local companies’ ability to attract and retain employees; Mayo Clinic, meanwhile, will reportedly not take a position on the proposed amendment.