Advertise with us | Subscribe
Published January 26, 2009, 12:00 AM

Tax-free idea

Some Republican House members want to exempt new Minnesota businesses from the state corporate income tax.

Some Republican House members want to exempt new Minnesota businesses from the state corporate income tax.

Rep. Kurt Zellers, R-Maple Grove, said the proposal would help create jobs.

"The idea is simple: If you bring your business to Minnesota and stay for five years, we will exempt you from the 9.8 percent tax rate," Zellers said.

The same would apply to expanding businesses.

Tags:

More from around the web