Since the bill raises the money over 10 years, that's actually 3%.
Okay, but it was the "biggest tax increase in Minnesota history," right? Well, possibly. I can't find that history book out here in Colorado, but I know that's the way history generally works. Stuff that happens later in history — especially where population growth is involved — is bigger than stuff that happened earlier.
But if we hadn't waited 2o years, it might not have been a tax increase at all.
Good work Charlie!
1 comment:
Thanks. I should've done a little better.
Reading your post made me realize the second quotation in my post should've been more clearly attributed to a blogger, since some might think that was also said by Rep. Severson.
Severson just failed to do the math, while blogger made the wrong calculation.
I've made the change.
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