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January 10, 2022

State Pension Plans: Great Returns Don’t Assure Peace in the Valley

A 30.3% investment return in FY 2021 by the State Board of Investment should pave the way for a rather quiet year for Legislative Committee on Pensions and Retirement.  But nothing is ever quite that easy in pension land.

November 04, 2021

Tax Reliability: The State of Minnesota’s “Big Three”

An important and often underappreciated tax policy issue is reliability -- a tax system’s ability to support expenditure programs over the long run and provide dependable streams of revenue even as the characteristics and nature of the underlying economy evolves and varies with the business cycle.