Minn. Gov. Dayton revises tax proposals

Minnesota Gov. Mark Dayton revised his two-year budget proposal in response to more sanguine revenue projections. Dayton's new proposal includes an increase in top earners' income tax -- which is expected to raise about $1.8 billion over two years -- but abandons state sales tax changes. Read the testimony of SIFMA's Nancy Donohoe Lancia regarding Minnesota's proposed tax on financial-service sales.

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