To the editor:
As Chair of the House Taxes Committee, and Chief Author of the $1.35 billion House tax relief bill, I’d like to thank your State Representative Randy Jessup for their support of this bipartisan legislation that will provide needed tax relief to middle-class families across the state.
Rep. Jessup recognized that with yet another state budget surplus, Minnesotans are being overtaxed and that lawmakers needed to find ways to allow Minnesotans to keep more of what they earn.
With Rep. Jessup’s support, the House was able to pass a plan that would provide relief to Minnesota’s senior citizens, working families, college students, farmers, and Main Street business owners just to name a few. This includes an elimination of social security taxes for thousands of seniors and a first-in-the-nation tax credit for college graduates struggling with student loan debt. I also want to commend Rep. Jessup for chief authoring a provision included in the tax bill that would provide either a tax credit or a deduction for those families saving money for future higher education costs using a 529 Savings Plan.
In all, well more than half of the $1.35 billion tax relief bill that was supported by Rep. Jessup would be allocated to the middle class Minnesotans.
Moving forward, the House and Senate will work on a compromise that we hope Governor Dayton will sign. We know you’ve been waiting long enough for tax relief. Simply put, we would not be at this point without Rep. Jessup’s support of this common sense legislation, and your readers should know that he is fighting hard to prioritize tax relief for hardworking constituents in Shoreview, Arden Hills, and Mounds View.
Greg Davids is the Minnesota House Taxes Committee Chair.