Tag Archives | taxes

Minnesota Property Taxes Explained, Part 2: How are Property Taxes Calculated?

In Part I I covered the basics of what property taxes are.  This time I’ll dive into how exactly property taxes are calculated, starting with (for Minneapolis) the half billion dollar question. What is tax capacity? In its simplest form, the tax capacity of a property is its taxable market value (explained below) multiplied by its class […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading

Chart of the Day: Vehicle Weight vs Road Damage Levels

Via Pedal Fort Collins, here’s a simple chart showing the basic relationship between vehicle weight and the amount of “damage” or wear that is caused to the roadway. The relationship is pretty straightforward, but thanks to the magic of gasoline, people often forget to think about the weight disparities on our roads. Thus the chart, where […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading
Map of possible passenger rail lines from the 2010 state rail plan

Taking the “Transit” Sales Tax Statewide

As I write this, the 2016 Minnesota legislative session is coming to a close, and last-minute discussions are taking place to try and sort out transportation funding. One of the major options is the possibility of a 0.5% metro-area sales tax for transit, an increase from the 0.25% currently collected for the Counties Transit Improvement Board. […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading
Image of future transit map

Increased Transit Funding Can Save You Money

The legislature is buzzing with transportation funding proposals. The Republican plan proposes no new revenue streams while the DFL plan contains a variety of tax and fee increases to pay for system fixes and expansion. One point of contention is the DFL’s proposed one percent metro area sales tax to raise money for transit. Republicans […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading

Counterpoint: We Don’t Need No Stinking Bike Tax

Last week fellow streets.mn writer David Levinson made the case for a Bicycle Trust Fund based on a registration fee, sales tax, or some other means. There was some good discussion in the comment section, and I don’t necessarily disagree with the premise that users should pay for infrastructure. I fully support drivers paying for not […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading

A Call for Sales Tax on Cars and Gasoline

No, I’m not joking. David Levinson wrote about an often overlooked but important subsidy* given to drivers: the lack of sales tax on gasoline and auto/truck purchases. I’m surprised this hasn’t received more attention given the other distortions that see press. Yes, we pay a motor vehicle sales tax when buying a car, but that is supposed […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading

Chart of the Day: Minneapolis Tax Levy vs. State LGA Funding

Here’s a (blurry) chart courtesy of Star Tribune reporter Eric Roper’s Twitter feed showing the relationship between Minneapolis’ property tax levy and state LGA funding. (This presumably comes from a powerpoint on the proposed budget): [Red line = state LGA funds; blue bars = total Minneapolis property tax levy.] There’s a discussion of it on Roper’s […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading

Predictions for Super Bowl 2018

I predict the Packers will win, prompting the biggest riot the city has ever seen! No, seriously, I support hosting the 2018 Super Bowl in Minnesota. After all, we need to start paying off our billion-dollar, publicly financed stadium that was supposed to be paid for with non-existent gaming revenues. Looking at the behavior of […]

Streets.mn is a non-profit and is volunteer run. We rely on your support to keep the servers running. If you value what you read, please consider becoming a member.

Continue Reading