The budget: numbers or values?

At both the state and national level, our elected officials are dealing with budget deficits and how best to handle them. This leads to a lot of numbers thrown about, such as “15% cuts” and “$30 billion versus $38 billion” and the like, along with various stories about who is “winning” or “losing” the debate.… Continue reading The budget: numbers or values?

Job-killing taxes?

“We can’t raise taxes, that will drive away jobs!” Such is the oft-repeated refrain uttered by Republicans at the Capitol. The implication is that it’s a direct correlation: high taxes means fewer jobs. But is that really the case? The statistics seem to say otherwise.

Tax Incidence Update

Minnesota’s latest tax incidence study came out this week (and can be found here). I’ve written about it before, and the trends are pretty much the same as previous studies. Two graphs jump out at me. The first is the overall effective tax rate: It peaked in 1994, and since 2000, has stayed remarkably stable.… Continue reading Tax Incidence Update

New GnuPG key

My GnuPG key was set to expire at the end of this year, so I created a new one. The key is located here. In the extremely unlikely event you need to email me something securely, use this! I’m a big fan of crypto and secure email. Too bad I so rarely have need to… Continue reading New GnuPG key

Dayton’s budget

Governor Dayton released his budget yesterday. It was essentially the budget that he campaigned on: higher income taxes on the richest 5% of Minnesotans (who aren’t paying their fair share in state taxes in the first place), protections against property taxes increases by not slashing LGA to the bone, more K-12 education spending, and no… Continue reading Dayton’s budget