Laserfiche WebLink
WHAT HAPPENS TO WHO <br /> PAYS <br /> WHAT? <br /> INDIVIDUALS <br /> • Pay about the same overall as they do now. <br /> • Pay less in property tax. <br /> • Pay more in sales tax. <br /> • On the income tax <br /> • Low income pays less <br /> o _ High income pays more <br /> . BUSINESSES <br /> • Pay about the same overall as they do now. <br /> • <br /> • No more penalty for capital investment in Minnesota. <br /> • Property tax cut by more than half for many to flat 3%. <br /> • Expanded to sales tax exemption for capital equipment <br /> purchases. <br /> • Minnesota manufacturers pay less. <br /> • Minnesota wholesalers and retailers pay less. <br /> • Minnesota-based businesses pay less and out-of-state business pay <br /> 'more. 41111 <br />