“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.”– President John F. Kennedy, 1962.
Over the past few decades Minnesotans have seen their political leaders unveil a myriad of “plans” purportedly designed to propel the state forward. First there was Gov. Wendell Anderson’s “Minnesota Miracle,” then Gov. Jesse Ventura’s “Big Plan.” And now that the DFL controls the statehouse, Gov. Mark Dayton is sure to revive his really big tax and spend plan. Continue reading