58 upvotes, 2 direct replies (showing 2)
Right, thank you. Minnesota has a graduated income tax rate that ranges from 5.35% to 9.85%, depending on income levels. The highest rate applies to individuals earning over $276,200.
Comment by LostJewelsofNabooti at 02/02/2025 at 20:24 UTC
18 upvotes, 1 direct replies
Yep. Minnesota got the social welfare minded Scandinavians. WA got the Just Leave Me Alone in the Gray individualists.
Comment by nerevisigoth at 02/02/2025 at 20:56 UTC
-7 upvotes, 6 direct replies
For individuals it's $198,631[1].
1: https://www.revenue.state.mn.us/minnesota-income-tax-rates-and-brackets
How does Minnesota justify that? It's not like California or New York. They aren't the center of a major industry that attracts a huge share of global talent. And I doubt they're pulling in many rich people who dream of living there - it's a flat prairie with awful weather, limited cultural significance, and one midsize city.