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TAXES

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From the column: "It is being sold as a device to aid the less fortunate, but it is really a transfer of tax dollars from lower-income earners to higher-income earners."
From the editorial: "While this may cheer borrowers who’ve grown accustomed to forbearance, the rest of the country will bear the costs. The moratorium has already deprived the government of $155 billion in expected revenue; freezing payments through the middle of 2023 will cost taxpayers tens of billions more."
School Board members are set to finalize a 2023 tax levy that could be as large as $43.95 million.
From the column: "The size of the ask to local property taxpayers should be based on what is absolutely required to fund the most vital needs, rather than on the basis of what city leaders think they can get."
It showed an increase of almost $1,000.
The narrow defeat leaves city officials wondering how best to fund local parks.

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This half-percent increase will bring Hermantown's sales tax equal to Duluth's sales tax.
A referendum measure narrowly failed.
We may pay a little more in taxes than people in some other states, but our investment is returning big dividends in the education of our students.

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