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March 2, 2022 Last Edit: June 5, 2025
Governor, House light on long-term relief
Competing Tax Plans Emerge at Minnesota Legislature
- $1 billion in frontline worker payments, up to $1,500 per qualifying worker;
- $120 million for continued federal conformity on treatment of COVID-related grants and forgivable loans;
- $45 million to expand the child and dependent care credit, by raising the income threshold and increasing the credit;
- $237 million to exempt local governments and nonprofits from the sales tax on construction materials; and
- $17 million for the “Angel Investment” Tax Credit.
- 4% on income up to $28,080/$41,050
- 5% on income up to $92,230/$163,060
- 6% on income up to $171,220/$284,810
- 7% on income over $171,220/$284,810
State:
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