What does Republican Governor Kristi Noem do when South Dakota runs a budget surplus? Brag about it and tuck it in the bank.
What does Democratic Governor Tim Walz do when Minnesota runs a budget surplus? Sends some of it straight back to taxpayers who can use it most:
Distribution of special tax rebates is targeted for September for more than 2.5 million Minnesotans who qualify.
The one-time rebates are $260 per person — maxing out at $1,300 for a family of five. The rebates go to single filers who made less than $75,000 in adjusted gross income in 2021 or married filers who earned twice that.
The $1.1 billion rebate uses a portion of the state’s budget surplus.
In an interview Wednesday, Revenue Commissioner Paul Marquart said the early fall goal for distribution will come in handy.
“That’s going to help pay for groceries, going to help pay for school supplies, help pay for rent, child care,” he said. “That’s going to be very, very valuable to a lot of people” [Brian Bakst, “Minnesota on Course to Deliver Tax Rebates This Fall,” MPR News, 2023.05.31].
Minnesota Republicans are complaining the rebate plan isn’t big enough (also heard from Republicans: that’s what she said), and even Governor Walz wanted to write bigger checks to send back even more of the surplus, but compared to South Dakota’s surplus rebate plan, those Minnesota rebate checks, like Minnesota’s surplus itself, are positively robust.