You know most politicians who want to tax successful rich Americans usually dance around the topic by using flowery terms such as America’s highest earners. Mark Dayton isn’t most politicians:
Progressive Taxes Read my lips, “Tax the rich.” Minnesota’s wealthiest citizens pay only two-thirds of their fair share of state and local taxes. That’s wrong. As Governor, I will raise taxes on the rich of Minnesota, NOT on the rest of Minnesota.
Wait they only pay two thirds of the state’s taxes? Only two thirds? What a condescending asshole. The wealthy make up a minority of the population of this state. The average income in the state of Minnesota was $33,059 in 2001. You know income isn’t that high when the wealthiest don’t number enough to bump the average income up by any meaningful amount. This minority is already paying two thirds of the state’s tax though. What a fucking prick.
Minnesota has a slight problem at the moment. Our largest employer is the state of Minnesota. The state employs 54,900 (not including the 25,976 employees of the University of Minnesota who are also partially on the government payroll) while the second largest employer, Mayo Clinic, employs 37,318. The state employs 17,582 more people than our largest company (that’s actually a non-profit corporation). That’s a whopping 68% more people. The reason for this is the simple fact that many large companies have moved out of Minnesota due to our “progressive” taxes which involve gouging successful companies.
If Mr. Dayton gets into office I’m betting the only employer that will remain in the state is the state. Hell they may actually begin to outsource!
So glad I moved away 11 years ago. Yeah I work for a startup company and you just don’t see that kind of startup environment in MN because the state is so hostile to business.