The Legislative Commission on Planning and Fiscal Policy heard testimony Wednesday from Minnesota Management and Budget about state revenue collections this biennium.
According to a document presented to the Commission, the budget for Fiscal Year 2014-15 includes a 4.7 billion dollar increase in state tax collections, Republicans say it's the largest increase in tax collections in state history..
The Democrats' tax bill passed last spring off the floor without a single Republican vote in the House. It was ultimately signed into law by Governor Mark Dayton. State tax collections for Fiscal Year 2014-15 now exceed 43 billion dollars..
Republican House Leader Representative Kurt Daudt said instead of providing relief for Minnesotans, Democrats decided to increase their tax burden. Daubt said lawmakers should work to make government more effective and efficient for Minnesotans, not more expensive.