By State Rep. Joe Schomacker (R-Luverne) Minnesota’s employers should begin preparing for tax increases of 15% or more, as a bill that would have prevented these tax hikes has yet to pass the state House. A debt of more than [post_excerpt] billion in Minnesota’s Unemployment Insurance Trust Fund is what brought the issue forward. The default method to eliminate the UI debt is tax increases on statewide employers. However, Minnesota has two pots of money available that, if used, would prevent the tax increase on employers: a .3 billion budget surplus and more than [post_excerpt] billion in unallocated COVID relief...

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