Minnesota’s Economic News — W/E 8/16/24

State and local taxes and spending

Wall Street Journal: The Minnesota Tax-and-Spend Model

Cato Institute: Governor Tim Walz’s Fiscal Record

Washington Times: While other governors were lowering taxes, Walz socked Minnesotans with slew of tax hikes

KOOL Radio: What is Tim Walz’s record on the economy? Look at Minnesota

Yahoo Finance: The Fiscal Records of Kamala Harris and Tim Walz

Bloomberg Law: State of Tax: Walz’s Tax Record, States Lose Auditors to IRS

KSTP: MPRB proposes tax levy increase for 2025

Star Tribune: St. Paul Mayor Carter tells city staff to steer clear of child-care ballot initiative

WTAQ: Explainer-Harris’ Walz pick shows rise of progressive economics in US

Market Watch: Tim Walz created ‘the most progressive tax system in the country’ for Minnesota. What that could hint for Kamala Harris’s 2025 tax plans

Star Tribune: Minneapolis ought to diversify its income

Star Tribune: St. Paul Mayor Melvin Carter proposes property tax increase for 2025

Star Tribune: Minneapolis Mayor Jacob Frey proposes 8.1% property tax levy hike in 2025

Alexandria Echo Press: In the Know column: TIF isn’t free money to a developer

Star Tribune: 8% city tax increases? That’s a lot

WCCO: Minneapolis mayor unveils 2025 city budget, including 8.1% tax levy hike

Axios: Minneapolis’ next property tax increase could be the biggest in more than a decade

Bring Me the News: Mayor Frey’s Minneapolis budget proposes 8.1% property tax levy increase

Economic development

Minn Post: Renewable energy is Minnesota’s economic boon

Fox News: ‘Devastating agenda’: Top Minnesota lawmaker sounds alarm on businesses fleeing Walz’s ‘socialist crusade’

Labor market

Star Tribune: Minnesota’s job market continues to cool, thanks to restaurant and wholesale sector slowdowns

WDIO: Little change in July for Minnesota jobs

Red Lake Nation News: Minnesota Jobs, Labor Force Little Changed Last Month

Pioneer Press: Minnesota jobs data flat in July; unemployment at 3.2%

Marshall Radio: Minnesota Unemployment Rises Slightly in July, Job Losses Reported

Finance & Commerce: DEED: State’s unemployment rate ticks up to 3.2%

KNSI: State Unemployment Rate Rises In July

KAAL TV: Minnesota unemployment on the rise; Iowa holds steady

KIMT 3: Unemployment rate rises in Minnesota

Minnesota Reformer: Minnesota has highest median wage in Midwest — and other labor news