ST. PAUL, Minn. (FOX 9) - Minnesota’s Department of Revenue has announced the adjusted 2025 individual income tax brackets that will affect what you could pay beginning next year. What we know ...

Minnesota has a progressive tax system, and has enacted recent policy changes that benefit low- to moderate-income households. Under a progressive tax policy, low-income families are taxed at a ...

Minnesota is on the verge of a historic tax policy change that could reshape the professional services landscape. Under ...

The revenue forecast will be the Legislature’s fiscal guide in coming up with a two-year balanced budget this session.

Minnesota taxpayers will pay an additional $1.6 billion over the next four years … New definitions broaden the federal tax but do not include any of the lower rates or bracket changes that ...

Minnesota had a historic surplus of nearly $19 billion. Yet instead of using that windfall to deliver lasting relief to the taxpayers who helped create it, DFL legislators pushed through a massive ...

Minnesota passed legislation last year that enacted a new state child tax credit worth up to $1,750 per qualifying child. Eligible Minnesotians can claim the new credit when they file their 2023 ...

Minnesota Gov. Tim Walz visited a St ... "They're enthusiastic about tax cuts at the highest income bracket, people making over $200,000 a year, that there's bills in there to do that and I ...