More than a quarter of Minnesotans:
More than a quarter of Minnesotans will see their taxes go up under the House plan, by nearly $1,000 on average.
Workers and small businesses:
These wills would create new incentives for businesses to move production offshore and increase the trade deficit, hurting Minnesota workers and small businesses.
Rural and distressed communities across Minnesota:
The House GOP plan ends the New Market Tax Credits program, which has spurred over $1.6 billion in community investments in Minnesota and created over 8,577 full-time jobs since 2003.
Minnesota teachers:
Teachers in Minnesota would no longer get a tax benefit for buying their own classroom supplies.
Minnesota graduate students:
The House bill takes away a critical student loan interest deduction that more than 300,000 graduate students in Minnesota count on to save over $1,000 each year.
People with health insurance:
The Senate Republican plan to use tax legislation to repeal the federal requirement that Americans have health coverage threatens to derail insurance markets across the country.
Older Minnesotans:
The House Republican tax bill would force $25 billion in automatic cuts to Medicare next year. More than 912,285 Minnesota seniors who rely on Medicare could be at risk.
Children attending public schools:
The Senate GOP tax bill hurts every state’s ability to fund its schools, yanking support for education investments in our children.