He wants to cut the statewide sales tax by 0.075% — which is $0.075 on a $100 purchase — moving it to 8.6% from 8.675%.

The Business Journals

United States

Walz 2025 budget would lower Minnesota sales taxes, add them to legal, financial services

Minnesota Gov. Tim Walz's proposed budget offers the first-ever cut to Minnesota's sale tax rate — but it would also expand the tax into new professional services.

Ad Fontes Media

All Sides

Advance Publications

Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest reduction in the overall state sales tax but new taxes on services like legal and financial advice. With a potential budget shortfall looming later this decade, Walz said it will be necessary to make cuts to disability home care spending and reimbursements for special education transportation. He also called for new measur…

Media Bias/Fact Check

Pioneer Press

Alden Global Capital

Saint Paul

Ramsey County

Minnesota

Gov. Tim Walz recommends changes to Minnesota sales tax, cuts for disability services in upcoming budget

By Dana Ferguson Gov. Tim Walz on Thursday pitched a tighter two-year budget, complete with spending pullbacks and other measures to keep a potential deficit at bay. He also proposed a lower state sales tax rate that would be widened to include some financial services. The more restrained approach comes after Democrats who’d controlled the governor’s office, House and Senate passed a roughly $70.6 billion two-year plan in 2023 that included one-…

Austin Daily Herald

Boone Newspapers

Walz unveils slimmer Minnesota budget, pitches sales tax cut - Austin Daily Herald

ST. PAUL (KVRR/FOX9) — Gov. Walz is talking about the power struggle going on in the House and saying Republicans do not have a quorum. “This is a short term issue that will be corrected on the 29th that will be the will of the public and trying to use this vacancy to create a two-year majority that doesn’t exist is not the way to go about it.” His comments came while he presented his budget proposal for Minnesota. Walz is proposing cutting the …

KVRR Local News

Red River Broadcasting

North Dakota

Walz Talks About Power Struggle And Offers Up New Budget With Sales Tax Cut

KSTP News

Hubbard Broadcasting

Walz's sales tax cut and expansion push back, governor preparing for Trump tariffs

Minnesota Gov. Tim Walz is proposing the state’s first ever sales tax cut in a budget that raises taxes at the same time.

Fox 9

Murdoch family

Minneapolis

Hennepin County

Sales tax cut for some in Minnesota Gov. Tim Walz budget proposal

When is a tax cut not a tax cut? When it is both a tax cut and a tax increase at the same time.Gov. Tim Walz on Thursday proposed a budget outline for the next two years that includes moves to cap the growth in some of the state’s fastest growing areas and to offer what he termed the first sales tax cut in history.By reducing the state portion of the sales tax from 6.875% to 6.8%, the state would receive $95 million less a year in a state budget…

MinnPost

Walz’s proposed budget has ‘tax cut’ that would raise $108M

LAFAYETTE, La. (NEWS 15) — Many are starting to feel the impact of Gov. Jeff Landry's new tax changes in Louisiana. Cox Communications has sent out a notice to customers informing them that they will now pay a 10% sales…

News15 | Lafayette, LA

Entertainment Studios

Cox Communications sends out notices to customers of 10% sales tax

Share This StoryGov. Tim Walz made a 0.075% cut to the state sales tax rate the “shiny object” of his nearly $66 billion two-year budget proposal he unveiled at the Minnesota Capitol on Thursday. But the two-term DFL governor’s plan would also expand the base of taxable services—which would generate hundreds of millions of dollars in new revenue over the next four years. That was enough for Republican leaders in both the House and Senate to give…

Alpha News

'Budgeting tricks': Walz pitches .075% sales tax cut, but wants to expand taxable services

Gov. Tim Walz on Thursday proposed a budget outline for the next two years that includes moves to cap the growth in some of the state’s fastest growing areas and to offer what he termed the first sales tax cut in history. MinnPost photo by Tom Olmscheid When is a tax cut not a tax cut? When it is both a tax cut and a tax increase at the same time. Gov. Tim Walz on Thursday proposed a budget outline for the next two years that includes moves to c…

Walz's sales tax cut and expansion push back, governor preparing for Trump tariffs

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