Dossier
Mpls Downtown Council
Coverage of Mpls Downtown Council in the Nexus archive.
- MN DEED holds paid leave wage tax steady, but financial reserves projected to drop
Minnesota’s paid leave wage tax will remain at 0.88% in 2027, avoiding a tax increase for businesses and workers. However, financial reserves for the program are projected to decline significantly, dropping from $685 million to $198.7 million by 2028 if the rate stays unchanged.