Income Taxes

Analysis and commentary pertaining to individual income and corporate income taxes.  For background understanding on what constitutes sound tax policy, please see our educational primer "Taxing Decisions Matter: A Citizens Guide to Good Tax Policy".  Also, check out the findings from our latest national Individual Income Tax Comparison Study.

July 08, 2021

Income Taxes, the TCJA, and Taxpayer Migration

We take a closer look at the influence of the SALT cap on effective tax rates, what the new IRS Statistics of Income releases are communicating about Minnesota taxpayer migration, and offer some thoughts on the implications for Minnesota’s income tax debates.

February 24, 2021

A Closer Look at Minnesota’s Proposed SALT Cap Workaround

Guest contributor, MCFE member, and former Minnesota House of Representatives legislative analyst Joel Michael examines the design, implications, and tax policy issues of the bill allowing pass through business entities to elect to pay state income tax at the entity level and thereby circumvent the

February 25, 2020

Fire up the Seniors: The Push to Exempt Social Security

Problematic in principle but politically opportunistic, the justifications for exempting all Social Security income from state taxation conflict with policy, economic and demographic realities.