Minnesota is one of the highest taxed states in America. Research shows that these high tax rates disincentivize R&D. And the data shows that our state lags the national average on R&D spending. It is hard to avoid the conclusion that Minnesota’s high taxes are deterring R&D in the state. To get that investment up, we need to get those rates down.

New research shows that lower state taxes can increase entrepreneurship – American Experiment

Minnesota is one of the highest taxed states in America. Research shows that these high tax rates disincentivize R&D. And the data shows that our state lags the national average on R&D spending. It is hard to avoid the conclusion that Minnesota’s high taxes are deterring R&D in the state. To get t…


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