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We Make Minnesota urges St. Paul to consider long‑term revenue options: land value tax, urban wealth fund, local income tax
Summary
Eric Bernstein of We Make Minnesota briefed the committee on municipal revenue trends and options, urging the council to consider long‑term tools — including land value taxation, urban wealth funds and local income taxes — to address revenue shortfalls and equity concerns.
Eric Bernstein, coalition director for We Make Minnesota, told the St. Paul policy committee that persistent underfunding of public services constrains cities and urged consideration of long‑term revenue and land‑use strategies, including land value taxation and an urban wealth fund.
“Local government is extremely important, state and local, but especially locals where the rubber meets the road,” Bernstein told the committee, framing his remarks with international comparisons showing the United States raises and spends less tax revenue as a share of GDP than many other OECD countries.
Bernstein walked committee members through revenue trends for St. Paul and Minneapolis,…
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