Everything in the state of Minnesota will cost you more as of today... yes even your signs.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.
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