Of course it is coming from a guy who wants to cuts wages for food servers.
http://www.kare11.com/news/news_article.aspx?storyid=870600"We are budgeting from the point we have today, rather than what government wants to spend," Emmer told reporters, "The $5.8 billion deficit is actually based on what government wants to spend."First he goes into denial that the huge deficit does not exist in the first place.
Emmer's plan is to cut the corporate tax rate from the current 9.8 percent to 8.8 percent in 2011, and move it down to 7.8 percent in 2012. More cuts would be phased in over time until the rate hit 3 percent in 2015.
Those business owners who file their business profits as personal income would be allowed to subtract 10 percent from their taxable income in the Emmer plan. Those businesses are organized as "Subchapter S" corporations and limited liability corporations.
Emmer's blueprint also calls for lowering the state property tax levy on businesses by a total of $100 million. And rather than asking companies to apply for a refund on business equipment sales taxes as they currently do, Emmer wants those sales taxes waived upfront.The rest calls for only deep cuts in revenue. The average person does not get a break, just business owners. Step two of course not in today's budget will call for deep cuts in services, infrastructure, and hence overall quality of life (schools, the art community, etc...). As the story goes, the pro-Emmer business owner also admits that there would not be any immediate hiring because of this. It is only a trickle-up budget plan. How can Emmer sleep at night?