New Minnesota law should make filing taxes simpler, cheaper – Star Tribune
New Minnesota law should make filing taxes simpler, cheaper Star Tribune
By J. Patrick Coolican Star Tribune Minnesotans who suffered through a confusing and anxious tax filing season this year will get some relief in 2020 after the Legislature passed a bill that simplifies taxes — and reduces tax bills for many households and businesses. The kitchen-sink-style tax bill came together as a compromise among the DFL-controlled House, the Republican-held Senate and Gov. Tim Walz, who signed it into law Thursday. It will reduce the second-lowest income tax tier by 0.25 percentage points, cut property taxes for businesses, increase the amount of money Minnesotans can …