Latest News
Dayton Warms to Elements of House Republican Tax Plan But Still Cool to Most, Especially Size
It’s too soon to call it a budget breakthrough, but Gov. Mark Dayton has offered an opening to a compromise with House Republicans on taxes. Dayton spoke favorably on Monday about two elements of the $2 billion tax-cut plan the House approved last week. But he criticized the size of the overall package. The Democratic governor says he is willing to look at exempting more Social Security income from taxes than is now, as long as caps on earnings aren’t wiped away entirely. Read more…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.