Republican State Representative Steve Drazkowski says the 1.1 billion dollar projected budget surplus for the state announced last week brings both some good news and some bad news.
The good news is that the economic picture looks brighter for the remainder of the state's budget cycle. Burt Drazkowksi says the bad news is that of that estimated windfall, only six percent of it - or $55 million - is actually cash in hand, meaning this projection is clearly at risk going forward.
In an opinion piece, Drazkowski says the policies of legislative Democrats and Governor Dayton last session forced them to pay more than $2.4 billion in new taxes and fees to state government - or $450 for every man, woman, and child. In the process, they also increased spending by more than $3 billion.
Drazkowski says he believes one of the first things lawmakers should do in 2014 is repeal the $314 million in sales tax increases that were leveled on farmers and other business owners. He has heard many complaints about warehousing, industrial, and telecommunications tax increases negatively impacting business owners, some of which have threatened to move their companies to a neighboring state.