People in five on record supporting social security tax repeal vote against it are represented in a Legislature considering changes connected to Woodbury.
The Republican-backed bill would have Minnesota join 39 other states in eliminating taxes on Social Security income.
Following news Monday morning from the Office of Management and Budget that Minnesota’s state coffers contain a $17.5 billion budget surplus, Republican legislators attempted — and failed on a near party-line vote — to pass on the House floor a bill that would repeal taxes on Social Security income for Minnesotans who receive the federal benefit.
Cloud, was the lone DFLer who voted with Republicans.
Greg Davids, R-Preston, and 11 other Republicans, has yet to be scheduled for a hearing in the DFL-controlled House Taxes Committee.
That frustrated Republicans enough that they attempted to bring the bill directly to the House floor on Monday evening, declaring it an urgent issue that deserves bipartisan support in the wake of the updated February budget forecast announced earlier in the day.
Language in the bill would essentially repeal existing statute and allow all Minnesotans receiving Social Security income to deduct the full amount of those benefits from their tax returns.
If approved, Minnesota would join 39 other states in eliminating tax on Social Security.
As the measure advances, residents of Woodbury can follow amendments and contact Ethan Cha regarding the final language.
Article Source: Alpha News: “Five DFL legislators on record supporting Social Security tax repeal vote against it”
