Sunday, July 10, 2011

(VIDEO) Meanwhile, in MN



Here's a video of a rally in St. Paul on Day 6 of the shutdown. Demonstrators think it's a good idea to raise taxes on the wealthy to help pay for the state budget.

Today, the shutdown enters Day 10 as Republicans refuse to consider making Minnesota's 7,700 millionares pay their fair share. The impasse may go on for months.

According to the Minneapolis Star-Tribune, the impact of the shutdown includes:
...bars and restaurants could start feeling the pain as state-issued cards that allow them to buy liquor begin to expire.

When its previous two-year budget ended last month, the state was forced to lay off 22,000 workers, close state parks and halt hundreds of road projects...

A string of court orders now temporarily funds K-12 schools, the court system, health and human services and local government aid -- about 80 percent of state spending.
And because there is no new budget, the court is paying out funds based on older, higher spending assumptions. That means the state treasury is beginning to burn through what could become hundreds of millions of dollars more than it is taking in
Talk about a baby with a nail gun....

Minnesotans for a Fair Economy has a solution to the impasse:
The secret politicians aren't telling is that the ultra rich in Minnesota are taxed at a LOWER rate than the rest of us!
Very Richest – 9.7% effective tax rate
Working Families – 12.1% effective tax rate
If the richest Minnesotans paid their share it would generate enough revenue to end the shutdown today!
Campaign for America's Future has a great take on why Minnesotans should be proud of Gov. Mark Dayton. Read the whole thing here.