Issue Position: Economy, Jobs and Taxes

Issue Position

Our state economy can only be strong if we cultivate a strong employment culture. Without growing businesses to hire employees we lose jobs and we lose revenue. Minnesota now ranks 47th on the Business Tax Climate index. As a result of the recent income and corporate tax increases we are beginning to see an exodus of some of the large revenue producers in the state. The loss of corporations and business owners will have a cascading effect throughout our state economy. As we lose companies, we have higher unemployment. And as we lose wage earners, we lose state revenue. This leads to a substantial loss of funds for education and roads.

Knowing how to create jobs and encourage employment growth means we can't punish success. While taxes are a fair and necessary tool, they must be assessed reasonably to assure balance in meeting our financial obligations while not taking advantage of the hard working people that provide these funds. After all it is your money, your retirement investment fund, and your estate - the government must be prudent with your dollars. With the right leadership we can grow and prosper as a state!

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