Gov. Tim Walz Raised Taxes as Most Governors Cut Them
taxfoundation.org
Gov. Walz’s tax policy record is notable because of how much it contrasts with broader national trends. In recent years, most governors have championed tax cuts. Walz, rare among his peers, chose tax increases.

This article is dated August 6, 2024, but I shared it because I think it’s interesting.

  • orclev@lemmy.world
    91·
    3 months ago

    Walz has presided over several tax increases, focused on businesses and high earners.

    Nothing to see here folks. He did the right thing.

    • Admiral Patrick@dubvee.orgEnglish
      52·
      3 months ago

      Yep. This definitely seems to be presented as a hit-piece, but the taxes he increased were on capital gains, investment income, and other high earners.

      So like you said, Walz did the right thing.

    • ThePowerOfGeek@lemmy.worldEnglish
      33·
      3 months ago

      Yup, a big difference hides in those missing details. Not that the “all taxes are equal and evil” people on the right will care. Increasing taxes on the wealthy is not the same as increasing taxes on everyone. But the anti-tax crowd will feverishly frame this as Walz wanting to hurt the wallet of the common American.

    • Coelacanth@feddit.nu
      9·
      3 months ago

      But you see the problem is that’s bad. Because the working class republicans (read: morons) all delusionally believe they will one day bootstrap themselves into becoming millionaires. And when they do, they sure as shit don’t want to pay any fucking taxes. Hands off, G-man!

      Like John Oliver said[1] a decade ago about income inequality:

      “I can clearly see this game is rigged, which makes it so sweet when I win this thing”

      1. 1 ↩︎

  • mad_asshatter@lemmy.world
    13·
    3 months ago

    Aren’t taxes necessary for infrastructure and the thousand other government services?

    Not to mention the Universal Healthcare…oh.

  • echo@lemmings.world
    5·
    3 months ago

    There should be no such thing as long-term capital gains. It’s just income. Tax it just like any other income.