Walz Defends Tax Increases on Wealthy Amid Business Group Concerns

Tim Walz has supported raising taxes on businesses and wealthy individuals as governor of Minnesota, which has caused tensions with some business groups. At a meeting with business leaders before his election, Walz said, "We're not taxing people, we're taxing businesses" when asked about taxes hurting workers. Walz has signed bills introducing taxes on high investment income, along with a payroll tax for a new paid family leave program. Supporters argue Minnesota has low unemployment and is a top state for business despite high corporate taxes. Ongoing tensions exist between Walz and some business groups who feel he does not compromise enough on tax policy.