Kendall Qualls Calls for Short-Term and Permanent Tax Reform
MINNEAPOLIS – Earlier today, it was announced Minnesota’s budget surplus grew from a projected estimate of $7.746B to $9.53B. While Minnesotans face record-high inflation and one of the highest tax brackets in the nation, Republican gubernatorial candidate Kendall Qualls called for short-term and permanent tax cuts.
“Minnesota ranks 6th in the nation for highest tax burden and our budget surplus is a direct indicator that individuals and businesses are being both overtaxed and over regulated by the state. We need to give immediate tax relief to the people. Governor Walz calls it Walz Checks because he thinks it’s his money. It’s taxpayer dollars and they deserve it back. But we can’t stop there, we need permanent tax cuts for the people. Now is the perfect time to revise our tax code to be more competitive with other states in the region. That means eliminating the tax on social security, lowering our tax brackets and providing relief in the form of rebates to those who have paid into the system. Between the budget surplus and federal funds that must be allocated by year-end, there’s no better time to put the interests of Minnesotans first and set the state up for future success.”