What’s at Stake? Explore Job Growth & GDP Impact Across Minnesota
What’s at Stake? Explore Job Growth & GDP Impact Across Minnesota
How Extending the Small Business Tax Deduction Supports Minnesota
Select a state to see the impact on jobs and GDP by congressional district.
Minnesota Jobs and GDP
Total Jobs Created: 48,626
Total GDP: $2,946,000,000
District
Job Equiv.
GDP
1
5,540
$262,000,000
2
4,820
$289,000,000
3
7,570
$642,000,000
4
6,482
$394,000,000
5
7,748
$548,000,000
6
5,266
$300,000,000
7
5,781
$264,000,000
8
5,419
$247,000,000
STOP the Small Business Tax Hike!
The Small Business Tax Hike Calculator offers small business owners a personalized estimate of how much more they could owe in federal income taxes in 2026 if the 20% Small Business Tax Deduction and other current tax relief policies expire at the end of this year.
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Notes:
Job-equivalent impacts are defined as the change in after-tax labor income divided by baseline average after-tax labor income per job. Estimates are for the first 10 years scaled to the size of the US economy in 2024 and estimated relative to the current-law baseline. Figures are rounded. Source: EY analysis.
Job-equivalent impacts are defined as the change in after-tax labor income divided by baseline average after-tax labor income per job. Estimates are for the first 10 years scaled to the size of the US economy in 2024 and estimated relative to the current-law baseline. Figures are rounded. Source: EY analysis.