“Penny $2.50 Wise, Pound Foolish” To raise truly piddling amounts of revenue — I paid $2.50 to park for 90 minutes* or so the other week — downtown Minneapolis merchants are easily foregoing 3x or even 10x times that in sales revenue (my very conservative estimate). So, instead of navigating the maddening system of remote...Read More
Dumb Tax Idea #27, or, “The (In)Convenience Store Tax” Did you know that the city of Minneapolis just slapped a 50% surtax on small purchases such as ice cream, coffee, dry cleaning, pet grooming, etc.? OK, so they’re not calling it that — but that’s effectively what it is. What I’m referring to, of course, are...Read More
