Taxing $1,000,001+ Incomes for Two Years #mnshutdown
On Wednesday afternoon I Tweeted this in Gov. Dayton’s direction:
Followed up with this Tweet to Kevin Watterson, the MN House GOP media services guy:
This lead to a response from an Apple Valley based Conservative/Libertarian who questioned my figures:
I do appreciate having my math questioned. If we can’t agree upon the facts, what chances do we have to agree upon a solution to a budget problem? That said, in this case, the second tweet I sent explained this precisely. The tax Gov. Mark Dayton has proposed to close our budget gap is a tax upon incomes above $1,000,000 per year. The rate is a 2% increase upon that income, so a person making $1,000,001 per year for the next two years would be taxed an additional 2 cents on that one dollar over one million, leading to a four cent tax burden over two years.
I tried explaining that with this Tweet:
Which lead to this response:
Which, to me, tells me that I’m having a hard time communicating with some people via Twitter.
I really hope that people can at least agree upon a shared set of facts. There is a factual budget gap to close. There are factual ways to go about closing that gap. We may disagree upon which solution is the best solution for closing that gap, but we should be able to agree upon the math used for proposed solutions (assuming the math is correct).
If that can’t be done, we’ll have a very hard time finding common ground on how to solve this factual issue.
