Regional News
Minnesota Gov. Wants Tax Overhaul to Balance Books
Tuesday, January 22, 2013
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Minnesota Gov. Mark Dayton wants to overhaul the state's tax code, lowering but broadening the sales tax and raising income tax rates on top earners in his proposed $37.8 billion two-year budget.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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