Governor: Trump tax plan would cut deductions for 900,000 Minnesotans

- Minnesota Gov. Mark Dayton says an estimates 900,000 Minnesota families would lose an average of $12,000 in tax deductions under the current tax proposal from President Donald Trump and Republicans in Congress. At a Monday morning news conference, the governor under Republicans to ditch their proposal.

“One of the most offensive proposals would eliminate the deductibility of Minnesota’s state income and sales taxes and local property taxes from our citizens’ federal tax liabilities,” Dayton said. “It would completely remove these important tax deductions which total over $12.3 billion per year for 900,000 Minnesota families.”

The governor says more than half of the proposed tax cuts in the Republican plan would go to the wealthiest one percent of Americans, with annual incomes of more than $730,000.

Dayton countered claims that the tax plan would stimulate economic growth by pointing to the 1981 tax cuts by President Ronald Reagan, which preceded a national recession, and President George W. Bush’s tax cuts, which preceded the most recent Great Recession.

“Those previous fiscal fiascoes should tell us that Congress’ present tax follies will make future deficits even worse and add to the federal government’s debt, which now exceeds $20 trillion,” Dayton said.

COUNTY-BY-COUNTY IMPACT OF TRUMP/REPUBLICAN TAX PROPOSAL
Source: Office of Gov. Mark Dayton, based on National Association of Counties analysis of 2015 IRS data.

 

County

Households Impacted

Avg Tax Deduction Lost

Aitkin County

1,840

($7,395)

Anoka County

68, 460

($9,861)

Becker County

4,060

($9,751)

Beltrami County

4,380

($9,436)

Benton County

5,290

($8,533)

Big Stone County

470

($8,279)

Blue Earth County

8,160

($10,642)

Brown County

3,070

($9,389)

Carlton County

4,990

($8,570)

Carver County

23,460

($16,132)

Cass County

3,740

($9,268)

Chippewa County

1,200

($9,638)

Chisago County

10,930

($9,655)

Clay County

8,010

($9,044)

Clearwater County

930

($12,076)

Cook County

790

($8,446)

Cottonwood County

1,100

($10,161)

Crow Wing County

8,840

($9,503)

Dakota County

90,680

($11,932)

Dodge County

3,280

($8,671)

Douglas County

5,730

($11,168)

Faribault County

1,310

($8,424)

Fillmore County

2,420

($8,374)

Freeborn County

3,230

($10,072)

Goodhue County

7,840

($9,547)

Grant County

720

($9,685)

Hennepin County

247,660

($17,694)

Houston County

2,540

($10,126)

Hubbard County

2,550

($8,673)

Isanti County

6,650

($8,234)

Itasca County

5,530

($9,452)

Jackson County

1,010

($10,876)

Kanabec County

1,920

($8,034)

Kandiyohi County

5,920

($9,937)

Kittson County

390

($8,762)

Koochiching County

1,230

($8,401)

Lac qui Parle County

630

($9,494)

Lake County

1,340

($7,969)

Lake of the Woods County

340

($8,609)

Le Sueur County

4,680

($9,192)

Lincoln County

520

($7,708)

Lyon County

2,880

($10,426)

Mahnomen County

280

($6,939)

Marshall County

870

($8,976)

Martin County

2,250

($10,133)

McLeod County

5,280

($8,446)

Meeker County

3,070

($8,838)

Mille Lacs County

3,330

($7,523)

Morrison County

3,940

($7,628)

Mower County

3,800

($12,080)

Murray County

920

($8,821)

Nicollet County

4,800

($12,225)

Nobles County

1,780

($9,548)

Norman County

560

($7,843)

Olmsted County

27,670

($12,075)

Otter Tail County

7,220

($9,895)

Pennington County

1,410

($9,428)

Pine County

3,250

($6,833)

Pipestone County

910

($9,429)

Polk County

3,530

($9,159)

Pope County

1,410

($11,089)

Ramsey County

85,430

($12,890)

Red Lake County

330

($6,961)

Redwood County

1,430

($9,198)

Renville County

1,560

($10,617)

Rice County

9,820

($10,147)

Rock County

1,000

($8,636)

Roseau County

1,490

($15,577)

Saint Louis County

25,790

($10,466)

Scott County

32,020

($12,654)

Sherburne County

18,070

($9,312)

Sibley County

1,990

($8,249)

Stearns County

20,400

($11,553)

Steele County

5,500

($8,791)

Stevens County

1,090

($11,858)

Swift County

830

($10,023)

Todd County

2,150

($7,509)

Traverse County

350

($10,640)

Wabasha County

3,130

($9,250)

Wadena County

1,220

($7,678)

Waseca County

2,340

($8,101)

Washington County

59,260

($13,930)

Watonwan County

1,010

($8,007)

Wilkin County

720

($10,069)

Winona County

5,560

($10,578)

Wright County

25,580

($9,964)

Yellow Medicine County

1,010

($8,663)

Up Next:


  • Popular

  • Recent

Stories you may be interested in – includes advertiser stories