Subscribe to Receive the Daily Report

Wednesday, June 10th, 2015

What happens when you tax the rich and raise the minimum wage? Meet one of USA’s best economies

Author:     by Walter Einenkel
Source:     Daily Kos
Publication Date:     ed Feb 25, 2015 at 11:11 AM PST
 Link: What happens when you tax the rich and raise the minimum wage? Meet one of USA’s best economies
Stephan:   Our media lies to us, either by commission or omission, our politicians are increasingly craven cretins who depend on public money, and private bribes to live their lives. We seem to be unable or unwilling to see that their alternatives. This report describes one alternative. What I find particularly galling is that as one of the cretins Governor Scott Walker runs for president, almost no one in the media seems interested in comparing his performance with that of Minnesota Governor Mark Dayton who, in contrast to the blatantly ethically compromised Walker, is quietly orienting his state towards wellness. Why is it do you think that increasing wellness is of no interest to the media?
Governor Mark Dayton doing his job.

Governor Mark Dayton doing his job.

When Minnesota Governor Mark Dayton took office in 2011, Minnesota had more than a $6 billion dollar deficit and an unemployment rate of 7%. Today, Minnesota’s unemployment rate is now below 4% and they have a budget surplus of over $1.2 billion dollars. How did Mark Dayton do this? Did he heed his Republican opponent Tom Emmer’s advice?

Make no mistake, government cannot create the jobs we need to turn our economy around, but private business people can. State government can either help improve the necessary business climate – as I will do if elected governor – or it can hurt job development, as my opponents’ proposals to maintain the status quo would do.

No. No, he didn’t.

During his first four years in office, Gov. Dayton raised the state income tax from 7.85 to 9.85 percent on individuals earning over $150,000, and on couples earning over $250,000 when filing jointly — a tax increase of $2.1 billion. He’s also agreed to raise Minnesota’s […]

Read the Full Article

1 Comment

  1. Sam Crespi on Thursday, June 11, 2015 at 11:29 am

    Definitely a good start, but the minimum living wage he’s promising in a couple of years will not balance out with cost of living increases.