Minnesota
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May 24, 2017State Rundown 5/24: Several States Scramble to Finalize Budgets
This week, Kansas lawmakers continued work on fixing the fiscal mess created by tax cuts in recent years, as legislators in Louisiana, Minnesota, Oklahoma, and West Virginia attempted to wrap…
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ITEP Work in Action
March 9, 2017Minnesota Budget Project: Undocumented Immigrants Pay $83 Million in State Taxes, Would Pay More with Immigration Reform
Undocumented immigrants play a vital role in Minnesota’s economy and currently pay an estimated $83 million in state and local taxes, according to a new report from the Institute for Taxation…
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ITEP Work in Action
March 13, 2015Minnesota Department of Revenue: 2015 Minnesota Tax Incidence Study
“Given the questions raised about how Minnesota compares to other states, this section summarizes the results of a 50-state study of state and local tax incidence. That study, entitled Who…
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ITEP Work in Action
April 16, 2013Minnesota Budget Project: Tax Increases Don’t Prompt High-Income Households to Move Out of State
As Minnesotans debate an income tax increase on the highest-income households, they should do so knowing that a large and growing body of economic research makes it clear that such… -
report
September 15, 2008ITEP’s Public Comments to the Governor’s 21st Century Tax Reform Commission
We appreciate the opportunity to submit comments on ways to improve Minnesota’s business climate. Historically, Minnesota has ranked above the national average in terms of many economic and social indicators.… -
report
February 15, 1999Economic Development in Minnesota – High Subsidies, Low Wages, Absent Standards
An analysis of more than 550 Minnesota economic development disclosure reports— tracking more than $176 million in loans, grants, and tax increment financing (TIF) by cities, regional bodies and state…
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report
May 11, 1998ITEP Testimony on Minnesota Tax Expenditures Before the Minnesota Corporate Subsidy Reform Commission
Minnesota is to be commended for having a detailed tax expenditure budget-most states do not. The report, prepared by the Department of Revenue, is a useful resource for the development… -
report
January 15, 1998Tax Strategies for a Strong Minnesota
This report will examine Minnesota’s major taxes, who pays these taxes, and how taxation has changed over time. The study will also examine Minnesota’s economic and social indicators, and state…
Related Resources
ITEP Publications about Minnesota
Reports about Minnesota using ITEP data
All items referencing Minnesota
By the Numbers
| Personal Income Tax Features (2015) | |
|---|---|
| Range of Tax Rates | 5.35% - 9.85% |
| Standard Deduction |
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| Personal Exemption | $4,000 |
| Dependent Exemption | $4,000 |
| Earned Income Tax Credit (EITC) | Varies Based on Income, Average 33% Refundable |
| Corporate Income Tax Features (2015) | |
|---|---|
| Range of Tax Rates | N/A |
| Income Level at Which Top Rate Applies | N/A |
| Combined Reporting | 9.80% |
| Apportionment Factor (Payroll) | All |
| Apportionment Factor (Property) | Yes |
| Apportionment Factor (Sales) | 0% |
| Sales Tax Features (2015) | |
|---|---|
| State Sales Tax Rate | 6.875% |
| Average Local Sales Tax Rate | 0.325% |
| Average Combined State & Local Sales Tax Rate | 7.20% |
| State Sales Tax Treatment of Groceries | Exempt |
| Local Sales Tax Treatment of Groceries | Exempt |
| Number of Services Taxed | 66 out of 168 surveyed (2007) |
| Streamlined Sales Tax Membership | Full |
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| Property Tax Features (2015) | |
|---|---|
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| Other Tax & Revenue Features (2015) | |
|---|---|
| Gasoline Tax Rate (per gallon) | $0.286 |
| Diesel Tax Rate (per gallon) | $0.286 |
| Cigarette Tax Rate (per pack) | $2.90 |
| Estate or Inheritance Tax | Yes |
| Net Lottery Sales Per Capita | $82 (2010) |
| Tax Policy Oversight | |
|---|---|
| Tax Expenditure Report | Yes |
| Tax Incidence Analysis Capability | Multiple taxes |
Last updated January 13, 2015
RESOURCES
State Tax & Revenue Information
- Minnesota Department of Revenue – Research and Statistics
- Minnesota Legislative Reference Library - Resources on Minnesota Issues: State Budget