|Can you link the article? I'd be interested in reading it. Mark Dayton has generally done a pretty good job as governor. Not everyone would agree. He's too liberal for the tastes of many, but I think even if his critics disagreed with his agenda and tactics, they'd admit he acts with good intentions. Dayton comes from old money, has no apparent desire to spend that personal wealth or accumulate more, and isn't looking to spin being senator and now governor into future financial opportunities. The state had a budget deficit of $1,200,000,000 when he took over and the current year is expected to have a budget surplus of $900,000,000 with that number increasing by a third in each of the next two years although those surpluses are still below the original forecasts. Minnesota has a state income tax and a state sales tax, although food and clothing are exempt on the basis of being necessities. Between those two revenue streams, with the top income tax rate getting increased on Dayton's watch, and an increase on the cigarette tax, the coffers have been filled up more than in years. Although wages are higher than in many states, the relatively good education system means the potential employee pool is strong which attracts and maintains jobs. Comparable to other northern states of a similar size, this was never a big manufacturing/rust belt area, so there isn't a dead or dying economic infrastructure that impedes future growth.
- Edited to note that Dayton inherited a budget deficit, not a budget surplus as I'd originally typed by mistake.
Last edited on Fri Mar 11th, 2016 12:49 am by tamalie