Residual Forces

The DFL legislature has decided to go for making Minnesota the state that people making $140,000 a year (BTW: who they consider the rich and wealthy) consider this state last as they search for homes and jobs as they search job markets.

Minnesota Senate Democrats today decided to back a new higher income tax rate for the wealthiest Minnesotans - the highest such rate in the nation.

Under the plan, sure to be dubbed a “soak the rich” proposal, joint filers earning $250,000 a year or $141,000 for single filers would pay a new 9.7 percent income tax rate. The rate would impact about 60,000 returns, which is means likely close to double that number of people would pay the higher rate.

And they expect successful people to move to Minnesota? More than that, all those high tech programs we’re paying through the teeth for at the U of M will be churning out grads looking for high paying jobs to fit their education (ahem, in this new tax bracket), and they come to a stark realization.

Minnesota will no longer have anyone providing these level of jobs, as most companies that can will have relocated. And these grads will be too smart to live in a state that is going to suck almost 10% off the top of their wages for the companies stuck here.

And why are Democrats so eager go soak the rich?

But Senate Tax Chairman Tom Bakk, DFL-Cook, said the money would pay for property tax relief and increased education funding, which voters and the governor have said they want. Still, passage of the bill, expected Saturday, won’t be easy, he said. “It’s going to be a tough vote on the floor tomorrow,” Bakk said.

Who gets drenched by increased spending on new government programs based solely on new tax increases? Yep, you guessed it, everyone not wealthy enough to move away from this insanity, the rest of us.

Folks, friends, fellow voters,

I hope you understand this is nothing more than the DFL trying to pass so much crap that Gov. Pawlenty will be forced to veto these tax and spending increases which will cause a shut down due to ‘gridlock and legislative impasse’. Pawlenty has already dared them to make his day, and promised a veto. He’s set the tone to live with in the means of the revenue already collected. So why are the pushing so hard to cram the entire fringe liberal agenda into this one sessions?

The DFL knows that they got away with one in the 2006 election, and that things will likely equalize next time around at the ballot box. They are renting seats, and expect the average Minnesotan to subsidize the bill. Revenue streams come and go, but big government ideas and nanny state bureaucracy last lifetimes. Once tax revenue dries up due to the extremem burden placed on our economy by the DFL agenda, there’s a problem for the rest of us who didn’t chase a job into this state only to follow a better offer out of it.

Has their ever been such a rapid and blatant liberal swing in the agenda in a state before? Man, just take a look at how much they want to raise taxes in this state. We’re already in the top 5 to 10 in most tax burden rankings, and here we have them upping taxes across the board.

Just how much is enough for the DFL?