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Capitol View®
Tom Scheck

A rich smoker walks into a bar…

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The House Tax bill was released this morning. The plan creates a new top income tax rate of 9 percent for couples who make more than $300,000 a year. Cigarette taxes would also go up 54 cents a pack and alcoholic drinks would be taxed at a rate of 3 to 5 cents per drink.

Here are links to the bill, spreadsheet and summary.

Here's the powerpoint released by DFL Rep. Ann Lenczewski:

Powerpoint is dated so I'm scrapping view but providing link.

The Senate Tax bill will be released tomorrow.