Minnesota House passes tax bill with $3B in tax cuts, credits for low- to middle-income residents

Minnesota House passes tax bill with $3B in tax cuts, credits for low- to middle-income residents
One dollar bill by the wall by Kenny Eliason is licensed under Unsplash unsplash.com

The Minnesota House on late Thursday evening passed a tax bill that's a major win for the DFL.

It's roughly $3 billion in tax cuts and credits over the next few years for low and middle income Minnesotans.

The 300-page bill includes rebate checks, property tax relief, social security tax savings and credits that help working families struggling to afford high costs. Supporters of the bill say it's the "largest tax cut in state history" due to those factors.

"The House DFL budget invests in Minnesotans' priorities of education, health care, economic security, and the safety and vitality of our communities," House Speaker Melissa Hortman said. 

One dollar bill by the wall by Kenny Eliason is licensed under Unsplash unsplash.com

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