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Senate DFL proposes social‑media billionaire revenue; leaders discuss inclusion in revenue plans
2953473 · April 10, 2025
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Summary
A Senate DFL proposal to include revenue from a social‑media billionaire tax was discussed as one revenue option; leaders said the governor and Senate have proposed revenue and that the House and Senate DFL caucuses agreed neither to broad tax increases nor cuts in the House’s present posture.
Legislative leaders said the Minnesota Senate DFL caucus introduced a proposal to raise revenue by targeting large social‑media platform profits, an idea leaders described as a way to capture revenue from companies and wealthy individuals who profit from user data.
The Senate…
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