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Tim Walz: “This proposal lowers that tax rate, meaning, you know, 75 to…”

Featuring: Tim Walz, Democratic | Governor of Minnesota

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Governor Tim Walz Discusses Minnesota Legislative Challenges and National Campaign Reflections

Published | Video Starts at 01:59

The basic issue is just changing in behavior of people that have moved more towards some of these services like estate planning, those types of things, and those are untaxed, while things that the vast majority of Minnesotans use are taxed. So This proposal lowers that tax rate, meaning, you know, 75 to 80% of Minnesotans will actually see a decrease. but some of those services will expand the base. And the thing about the sales tax is it's the most, it's the most consistent and dependable of the, of the tax rates that people know exactly what it is. (01:59–02:05)

CLAIM

Asserts that the tax proposal will decrease taxes for 75 to 80% of Minnesotans.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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