Walz proposes slimmed-down 2026-27 state budget, sales tax …
Jan 16, 2025 · Along with the budget proposal, Walz announced a first in Minnesota history: A cut in state sales tax, shaving .075% off the current state sales tax of 6.875%. With the reduction, Walz said the state would still collect more sales taxes overall.
Gov. Walz pitches sales tax changes and trimming spending in …
Jan 17, 2025 · Gov. Tim Walz's budget proposal would make changes to sales tax collections and trim state spending in an effort to stave off a steep shortfall in future years.
Sales tax cut for some in Minnesota Gov. Tim Walz budget …
Jan 17, 2025 · Gov. Tim Walz proposed a state budget for 2026-2027 that includes the state's first ever sales tax cut. It would also raise more money in sales tax by applying the tax to more professional...
Governor Walz lays out 2025 biennial budget which calls for first sales …
Governor Tim Walz (DFL) rolled out his 2025 biennial budget on Thursday and it includes the first sales tax cut in state history. The cut would be three quarters of a percent across the...
Walz unveils slimmer Minnesota budget, pitches sales tax cut
Jan 16, 2025 · Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax...
Walz’s proposed budget has ‘tax cut’ that would raise $108M
Jan 17, 2025 · Gov. Tim Walz on Thursday proposed a budget outline for the next two years that includes moves to cap the growth in some of the state’s fastest growing areas and to offer what he termed the first...
Press Releases / Office of Governor Tim Walz and Lt. Governor …
Jan 16, 2025 · On this page you will find the latest press releases and statements from the Office of Governor Walz and Lieutenant Governor Flanagan. RSS feed. Footer navigation. About. Governor Tim Walz; Lt. Governor Peggy Flanagan; First Lady Gwen Walz; ... Office of Governor Tim Walz 130 State Capitol 75 Rev Dr. Martin Luther King Jr. Blvd. St. Paul, MN 55155.
Budget: Walz pitches state's first sales tax cut, reduction in ...
Jan 16, 2025 · Gov. Tim Walz on Thursday unveiled his plan for the next two-year budget, proposing to implement the first sales tax rate reduction in Minnesota history and rein in spending on some of the state's fastest-growing programs.
Walz proposes sales tax changes, spending cuts in his budget
Jan 16, 2025 · Walz’s sales tax plan would lower Minnesota’s 6.875% state sales tax rate to 6.8%, which equates to 7.5 cents for every $100 spent. It expands the sales tax to cover so-called “wealth...
Minnesota Gov. Tim Walz pitches sales tax cut, curbs to spending …
Jan 17, 2025 · Gov. Tim Walz pitched the first sales tax cut in Minnesota history and curbs to state spending on Thursday as he rolled out his latest budget proposal.. Why it matters: It's the DFL governor's opening salvo to a deeply divided Legislature, which has to pass a balanced budget by June 30. Zoom in: Walz said his $65.9 billion two-year spending plan would leave $2.1 billion on the bottom line, a ...