As you recall, the majority of Minnesotans voted this past election in favor of increasing our sales tax in order to fund some projects. The additional 3/8 of a percent will go towards funding the following:
• protect our drinking water sources
• protect, enhance, and restore our wetlands, prairies, forests, and fish, game and wildlife habitat
• preserve our arts and cultural heritage
• support our parks and trails
• protect, enhance, and restore our lakes, rivers, streams and groundwater.
Yesterday the Minnesota state general sales tax rate was 6.5%, today it is 6.875%. Though it is "only 3/8" of a percent, it brings the sales tax total in Minneapolis to a whopping 7.775% - more if you plan to buy liquor. St. Paul is not to far behind at 7.625%. Why the difference from the state rate? Well, Mpls has it's own .5% rate for the city, and hennepin county voters want to also pay for a stadium, that's another .15%. Oh, and we can't forget the transit tax we all get to pay... another .25%.
Next time our politicians and special interest groups ask us for only a 3/8% increase of taxes remember that it all adds up, and you get to pay for it.