Core Principle: Minnesota can lower the cost of doing without cutting schools, health care or local services by targeting tax relief to job creation, rural investment and production, while replacing revenue through growth, modernization and fairness. Ensure towns have the ability to renew and introduce new amenities to their communities.
Propose
1. Rural Job creation – tax credit
2. Sales tax exemption on production inputs
3. Commercial property tax relief for job-creating facilities
4. Faster Permitting – without lower standards
5. Small business regulatory simplification Act
How To Replace the Tax Revenue
1. Economic growth pays for itself (partially)
2. Close inefficient corporate tax loopholes
3. Modernize the Sales Tax Base (Broad – small increases)
4. Use One-Time Surplus for Transition
5. State support to Local Governments
District 21B – Specific Job Strategy
Priority Sectors:
— Food and Ag processing
— Manufacturing and fabrication
— Health care and memory care
— Logistics and cold storage
— Renewable energy manufacturing
Workforce Tie-In:
— Partner with: Community Colleges – High Schools – Apprenticeships
— Tax Credits increase if employers train locally
