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 M1MT, Alternative Minimum Tax Minnesota Department 2021

Schedule M1mt 2021-2025 Form

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Instructions and help about mn minimum form

minnesota budget officials say the state's economy would be hit hard if president obama and congress can't strike a federal debt deal to avoid the so-called fiscal cliff the warnings from officials that minnesota management and budget came today as they announced their economic forecast the agency says governor mark dayton and state lawmakers face a projected 1.1 billion budget deficit next year the smallest in some time but state economist tom stinson says that would get considerably worse under a fiscal cliff scenario in which federal spending cuts and higher income taxes take effect he predicts the state would shed 115 000 jobs in 2013 2014 and personal income would drop more than four percent by 2015. he also says state tax revenue would drop by hundreds of millions of dollars and the state would fall into a recession for almost a year but he says the forecast as a whole is actually encouraging the negative forecast this isn't a this isn't a gloomy f

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