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Location: Blogs Dan's Blog |
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| Posted by: Dan McGrath |
4/25/2008 |
 It’s no real wonder that rural economies are sluggish and good paying outstate jobs can be difficult to find in Minnesota. Businesses in lower-population areas of the state are overburdened with taxes.
The Minnesota Taxpayer’s Association conducted a 50-state study comparing state to state property taxes and found that Minnesota’s rural commercial property is taxed at the third highest levels in the nation. A typical $25 million commercial property pays nearly $1 million in property taxes, compared with a national average of just over $500,000.
Smaller properties, in the $100,000 and $1 million ranges fare slightly better, ranking 9th and 4th highest taxed nationally. Any way you slice it, Minnesota’s rural commercial property owners are in the top ten most taxed, a dubious distinction.
Excessive business taxes, especially in rural areas result in layoffs, hiring freezes, and businesses closing. Next time you see a sign that reads “Happy to pay for a better Minnesota,” keep in mind that it’s also possible to overpay for a worse Minnesota.
Read more: Rural Minnesota Businesses See Rise in Property Taxes - Finance and Commerce |
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Re: Happy to Pay More for a Worse Minnesota Economy |
By Barb on
5/7/2008 |
The government is deliberately shaming, private open market businesses into non-existence. There continues to be no attempt by government to leave private businesses up to the independent owner to run. Government mandates to the independent business owner are extreme and inept. The only issue to private businesses and government: "Is the regulations of the business being conducted under Osha regulations?"
Mandate all government subsidized: businesses, employees, housing, ETC, to show identification and notification the taxpayers are footing the bill. We have a right to know who we're doing business with and who takes it upon themselves to conduct their business independently. ALL respect for independent people. Those being subsidized are the shameful ones! Sticker in the window, tag around their neck! We have a right to know! |
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