Statement from Charlie Weaver of the MBP Regarding the Fiscal Forecast

Charlie Weaver, executive director of the Minnesota Business Partnership, issued the following statement following Minnesota Management and Budget’s release of the state fiscal forecast:

“Today’s forecast is welcome news for Minnesotans and reinforces that there is simply no justification to raise taxes on families and homegrown businesses. The improved forecast is the direct result of higher than expected tax receipts from businesses and individuals. The last thing we should be doing is making it more difficult to attract and retain those same businesses and individuals by creating an even more hostile tax environment. Instead, let’s work together to continue growing the economy—helping employers recover from the pandemic, allowing more employees to return to work and making Minnesota a place where people and businesses want to invest.”