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It appears that the 108 no voters still believe in the myth that higher taxes discourage job "creators".
Gov. Pawlenty's "no new taxes" policy robbed Peter to pay Paul using accounting gimmicks and one time revenues (budget cuts) such as "borrowing" school funding passing on the tax burden to school districts and municipalities increasing taxes on us. State funding for local governments declined during his 8 year term and in his last year in office county and city aid was cut by 30%. Property taxes increased by 26% from 2002 to 2010.
Gov. Pawlenty left us with a $5.5 billion deficit budget and negative job growth. During his 8 years, Minnesota lost 5,081 jobs. If MN had followed the national job growth, we would have gained 60,000 jobs.
According to the Mn Dept of Revenue on state taxes, the top 1% of Minnesotans, those making more than $480,000 a year, paid between 7.7 and 8.8%. The bottom 90% making less than $136,954 a year, paid an average of 12.5%. Now I'd call that gross inefficiency.
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