Tax Foundation
Recent News About Tax Foundation
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Top marginal tax rate in Minnesota could reach 59.19% under Biden plan
Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Minnesota could hit 59.19 percent, according to a new analysis by the Tax Foundation.
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Minnesota depends on property taxes for 25.7% of its state, local funds
Minnesota relies on property taxes for 25.7 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.
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Minnesota places tax of 49 cents per gallon on beer
State taxation on beer in Minnesota amounts to 49 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.
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Minnesota collects $1.20 per gallon in wine taxes
The wine excise tax in Minnesota amounts to $1.20 per gallon, according to a Tax Foundation study based on January 2019 data.