Tax Hikes in Minnesota...Anyone Concerned?

[Bufflehead]

Quote
" don't recall the exact number, but the top 20% (or so) of wage earners in Minnesota pay something like 60 or 70% of all of the state income tax already. "
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 "Top wage earners"

 This is true but somewhat misleading also. The gap between the truly rich and the middle class is growning BIG TIME!!

 The middle class is shrinking fast.

 The rich may pay the most when it comes to what the state gets but they also pay the least, when it comes to the % of their income. What that says to me is...they are the ones most able to pay and yet not have their life style cramped.

 Top wage earners are people making over $400.000.00. Like the top paid CEO in Minnesota. If I remember right, he worked for some medical Corp. He was making something like 600 million a year or some other astronomical number.

 trust me, if your making $400.000.00 a year and a tax increase means make it or break it for you. I think you were going broke with or without a tax increase.

 If you make $400.000.00 a year and live within your means. I'm sure you can live pretty well. It's the greed factor..enough is never enough for alot of people who get a taste for money.  Many who make this kind of jing...live pretty high and mighty and a small stumble and the snowball effect takes over. In no time they are overwhelmed with det.

 I'm also not for wel-fair for people like some single mom with 6 kids from six different fathers or for someone that just chooses not to work or someone that just arrived in this country and is already on the backs of the tax payers BUT when you cut the money to the program that feeds and clothes them. You also cut money's to people like maybe your grandmother who is living on a fixed income. Your grandfather who's living in a nursing home. Maybe a cousin who lost her husband in the Iraq war and needed some help. Maybe a nieghbor who can't work because he has cancer.

 When people talk about cutting public assitance(taxes) with the tough love additude..NOT ON MY DIME. I would just like to give them a boot to the hinder and say..it could be you some day. Too bad a few bad apples have to give public assitance such a bad image

  Chuck, AKA Bufflehead

 

[icebanger]

greed factor well i earn a good living not 6 figures but I earned it not the goverment not the people who dont want too work i did  so i should be able to spend my money how i want ...1 schools should learn to spend the money we give them  which in this state is i belive more than 30 cents or more on every dollar we pay in taxes.im tired of turning on the news and listing to the snot nose kids at the u of m pissing and moaning that there tution is too high dont pay off coaches dont give the upper staff raises...2 the dems just gave themselfs a 30 $ aday raise think of that some people could fill there gas tank with that well they get that everyday 90 $ a day  in total they get all year long some people dont make that in a day...so is it greedy for me to want to spend my money where i want  no its not. i want people who cant take care of themself taken care of.....for those of you that agree with me good  those that disagree lets agree to disagree........ ::cheers::

[WoodChuck]

 ???  sometimes the truth hurts !! but it can and can not be ignored, it is what it is . ? it will never be agreed on  thats a sure bet ! ::

                                           woodchuck

[UncleDave]

Again, I'm not sure how anyone can say they are undertaxed in a state with a 2.1 BILLION dollar surplus.  The Democrats are stating they want to raise taxes to rebate property taxes.  Huh?  Tax me to rebate me?  Only in Minnesota.

[WoodChuck]

 :;  heck my taxs are low enough as it is ?
 

[ScottPugh]

:;  heck my taxs are low enough as it is ?
 

Wish I could say the same...  1,800 / year for a 1,100 square foot townhouse that I don't even own the yard.  I just pay it and move on. 

[holdemtwice]

 YOU SEE ...... THIS SITE IS THE BEST. EVERYONE GETS TO VOICE HERE  AND AT THE END OF THE DAY WE ARE ALL STILL FRIENDS !!  KEEP UP THE GOOD WORK MNO !!  AND THE MEMBERS  THAT POST. FORWITHOUT THE POSTER  HERE  WE WOULD NOT BE   THE GREAT SIGHT THAT WE ARE !!!




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[Ryan]

:;  heck my taxs are low enough as it is ?
 

Wish I could say the same...  1,800 / year for a 1,100 square foot townhouse that I don't even own the yard.  I just pay it and move on. 

You need to move out of Maple Grove.

[rchaze60]

its not gonna matter what we say or do........ cause those high payed idiots there in the capital are going to do what they want anyway

[holdemtwice]

 TRUE THAT  BROTHER !!!

[ScottPugh]

You need to move out of Maple Grove.

Then I can't afford the house.  It's a loose loose situation.

[luvnlife]

Its not just in the cities. $2000 for a small bilevel split in Sauk rapids very small yard.  Up north it gets better but what really sucks is when you pull someone up on the computer who has same acrerage (spelled wrong)as you and there taxes are half as much. I went in to see how, classification, I went in and now it will change but how many people don't even question their classification. I would suggest to the people that have acrage to look at the programs out there and see if you are eligable for some tax breaks. the county will not tell you about them. The forest stewardship program is a great start!

LUVNLIFE

[iceman]

I make just a hair over 18k a year out of that comes car payments/ins.
cell phone
land payments
house ins.
and a few other payments that i'm sure i forgot about

now the govermemt wants more whats going to happen when theres nothing to give ?
i'm dead ass broke each month i having nothing but the shirt on my back i could keep on going but i'll keep this a clean web site !

[UncleDave]

By the way, it's not just on the state level.  The new controlling Democratic party at the federal level is also calling for nothing but new taxes and expanding spending.  Again, I thought the Republicans were bad on spending, but at least they didn't increase taxes as well as spending.  Where's the end?  This could well send the economy into a tailspin.  Gas at $4.00+ a gallon and a ton of new taxes?  Sounds like 2007-2008 is going to be interesting!   ::


P.S.  Does anyone recall ANY Democrat running for office last year saying they supported increasing taxes in several areas and increasing spending?