Emphasizing that it ends a decade of accounting gimmicks and will empower the middle class, Gov. Mark Dayton unveiled his budget for the 2014-15 biennium this morning.
The plan, which has to deal with a projected deficit of $1.1 billion, contains both spending cuts and new revenues gained through a revamped state tax system. The included proposals feature a new fourth tier on income taxes, a lowering and broadening of sales taxes on certain goods and services, and property tax rebates.
Go here for more detailed information on Gov. Dayton's proposed budget.
