At the federal level right now we are witnessing the huge and positive impact we can have on the economy by cutting taxes and ending over-regulation. Nationally, we have now had growth of over 3% in two of the last three quarters. Republican economic policies work, period. We can get the same results here in Minnesota, and NOW is the time to make the argument--and win it--statewide. I will.
We simply cannot allow another DFL administration to have four more years treating the private sector with arrogance and incompetence--we deserve better. Combined with the Government Reform and Taxes/Spending Action Plans, the policies below will fuel economic growth and job creation for ALL Minnesotans.
In the First 50 Days, I will take aggressive action on the following issues:
ELIMINATE ONE EXISTING REGULATION FOR EVERY NEW REGULATION CREATED
WHY: Minnesota has too many onerous regulations on our businesses. State agencies enact regulations without considering whether they are necessary in the first place and – if they are – if they will continue to be needed in the future. As a result, many regulations have long outlived any useful purpose.
ACTION: Every new regulation enacted during the Johnson Administration will be accompanied by the elimination of an existing regulation.
PROMOTE VOCATIONAL COLLEGES & TRADE SCHOOLS IN MINNESOTA
WHY: For too long, success for our kids has been defined only as attending a four year university after high school. That should not be the only definition of success. Going to a four-year college is a great plan for some kids, but it’s not the best fit for others. And there should never be a stigma surrounding vocational and trade schools.
ACTION: As Governor I will relentlessly promote the benefits of vocational colleges and trade schools and will make it my mission to remove any stigma surrounding not attending a four year university. We should be extremely proud of kids who make the choice of pursuing this option - they are both making a decision that best serves their future and filling a tremendous need in Minnesota for skilled workers.
ENCOURAGE THE STATE TO PURCHASE FROM MINNESOTA COMPANIES
WHY: We take great pride in our workers and what they produce for a reason: They are the best and most innovative in the country. Whenever possible, state purchases should be made from Minnesota companies. Not only will this produce good jobs and impact local economies, but we will end up with superior products.
ACTION: The Johnson Administration policy will be to purchase products and services from Minnesota-based companies unless extraordinary circumstances require otherwise.
REQUIRE AGENCIES TO PERMIT AT THE SPEED OF BUSINESS--NOT GOVERNMENT
WHY: Stories abound in Minnesota of businesses or entrepreneurs choosing to create jobs in neighboring states because they could get a permit from that neighboring government in a fraction of the time it takes in Minnesota. This problem is both rampant in our state agencies and it is easily fixable with some leadership from the Governor.
ACTION: I will require that all state agencies permit in a way that is fast, consistent and collaborative - at the speed of business, not government. Agency employees will be measured in part by the time it takes to make permit decision.
REIN IN BUREAUCRATS’ REGULATORY POWER
WHY: Over the years, the Minnesota legislature has granted state agencies massive power to create rules and regulations without any legislative review. This power has resulted in thousands of burdensome regulations that affect nearly every aspect of life in Minnesota and hinder the creation of private-sector jobs.
ACTION: The Johnson Administration will respect and support our business owners and entrepreneurs--not put up roadblocks to economic activity and job growth. I will propose a comprehensive package of regulatory limits that will rein in the rule-making authority of unelected bureaucrats, including requirements that all new rules contain a sunset provision and must be approved by the Legislature if the rule’s impact meets a certain threshold.
CUT TAXES THAT HURT SMALL BUSINESS OWNERS
WHY: Most small businesses in Minnesota pay their business tax as personal income. Minnesota's highest income tax bracket is 85% higher than the national average, which drives wealth and investment out of Minnesota. Much more concerning to me: Minnesota's lowest income tax bracket is higher than the highest bracket in 22 other states. That lowest bracket (which applies to every person or business making more than $10,350 per year) is nearly five times the lowest bracket of our neighboring states. We are not just taxing to death the CEO in Minnesota, we're taxing to death the school teacher, mechanic, bartender and every struggling small business owner in Minnesota.
ACTION: I will push for legislation that cuts income taxes across the board, and I'll make sure that the public know that Democrats - who claim to be only taxing the rich - actually oppose tax relief that would put money directly into the pockets of all Minnesotans and help our small businesses in this state thrive.
ELIMINATE THE BUSINESS PROPERTY TAX
WHY: Minnesota is one of the few states in the country (and the only one in our region) to impose a statewide business property tax. This makes Minnesota less competitive. The state property tax levy hits businesses of all sizes, and typically accounts for 30% - 35% of a business' property tax bill. If not for this tax, businesses would have more funds to invest in employees, growing their business and helping our economy.
ACTION: I will push for legislation that eliminates the statewide business property tax and makes Minnesota more competitive with our neighboring states and encourages businesses to invest in our economy.