Last Thursday, Todd Rapp came to Drinking Liberally to discuss with me his advocacy for the elimination of the Minnesota corporate income tax. Here is a video of most of that discussion, taken by the Uptake.
Todd went first, and he described the op-ed he wrote in the StarTribune on Sunday, February 7th of this year offering the idea. The camera was not rolling at this point; if you are not familiar with Todd’s arguments, you should repair to the link in the Strib. Essentially, his points are that the corporate income tax is shifted mostly to customers and employees of the corporations, it’s regressive, it’s volatile, and its elimination would encourage investment in the state.