It’s been nearly two decades since Minnesotans have received meaningful tax relief. The 2017 Tax Relief bill delivered $650 million in tax relief to Minnesota families in 2018-2019 and $790 million in 2020-2021.
- Nearly 284,000 senior citizen tax filers received tax reductions; 72,000 of those no longer pay state income tax on their social security benefits.
- A family of four making $50,000 a year received an additional $1,200 toward their child care expenses.
- 240,000 farmers received property tax relief to reduce their disproportionate share of school district debt service.
Following the passage of major tax reform by Congress in 2017, the Legislature passed legislation to simplify the filing process and deliver tax relief to middle-class Minnesotans. In addition to blocking Governor Dayton’s billion dollar tax increase, Republicans worked hard to:
- • Hold 99.8 percent of Minnesota filers harmless with over 2.2 million benefiting from a tax cut.
- • Help middle-class Minnesotans keep more of what they earn by cutting the first two income tax rates, the first rate cuts in almost two decades.
- • Protect families by preserving the state personal & dependent exemption as well as standard and itemized deductions.