The Impact Of Tim Walz's Zyn Tax On Minnesota Businesses

Aug 13, 2024 · gov. Tim walz has clashed with business leaders in minnesota over tax policy. His outlook could help shape vice president kamala harris' economic priorities. A 33% increase in the tobacco excise to over $4 per pack. The product was previously not subject to such taxation, as it contains no tobacco.

Aug 19, 2024 · tax has been a key point of contention between walz and many parts of the business community in minnesota. The state ranks 44th in the tax foundation’s 2024 state. As minnesota governor, walz slashed some tax deductions, created a surtax on capital gains, implemented a sales tax on cannabis, and created a payroll tax to fund the state's paid family.