WSJ: Minnesota’s Snowbird Tax — Coming to California?
Here’s a disturbing WALL ST JOURNAL editorial on a new tax grab out of Minnesota. It’s disturbing because — given the similar political affiliation and climate — I would expect that, if it’s found to be legal, then California, New York, Illinois and some other desperate high tax, union-controlled states might very well adopt similar strategies.
The idea is to gouge those evil retired snowbirds who leave the Minnesota for over 6 months a year, and hence are exempt from Minnesota’s high state income tax. The governor wants to levy the state income tax on anyone who is physically present in Minnesota over 60 days a year. Hoh boy!
To start with, guess who is responsible for proving that they DIDN’T live in Minnesota more than 60 days? Probably anyone who has any connection at all with the state. Heck, maybe everybody, PERIOD.
As the article below suggests only half in jest — perhaps one will need to put a GPS tracker in Grandma’s phone — or on her ankle! Regardless, the compliance required would be costly, time-consuming — and potentially dangerous.
And then,… Read More