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Minnesota Farm Bureau Focusing on Tax Relief and Conformity in State Legislature

Minnesota Farm Bureau Focusing on Tax Relief and Conformity in State Legislature

Photo: WNAX


Some states are questioning whether the tax reform law passed at the federal level will follow through with conformity at the state level. One of those states is Minnesota where Governor Mark Dayton has proposed raising $500 million by taxing multinational company’s repatriated earnings. Minnesota Farm Bureau President Kevin Paap says with the legislature in session they can push forward tax conformity and ensure at least some tax relief

He says there are several areas of the federal tax code that can be brought into line at the state level and that’s what his group hopes to see.

Paap says his group’s members will be at the state capital in St. Paul today talking to lawmakers about taxes.

Paap says tax relief is critical for Minnesota’s farmers and ranchers as many are going through a stressful time financially now.