Legislature failing
With its inability to pass even the most basic and common sense legislation in a timely fashion, the Minnesota Legislature has hit Minnesota’s employers with a huge tax increase. This increase could have been avoided if the state had just agreed to repay the debt in the Minnesota Unemployment Insurance Trust Fund, a $2.7 billion deficit that arose due to the unexpected unemployment caused by the COVID-19 pandemic. The federal government stepped in with enhanced federal unemployment payments, but the bill has come due and Minnesota has to refill its trust fund. The state is sitting on ...