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Bennett
Dear Friends,
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As you may recall, the Democrats? transportation finance bill contains a number of new tax increases. Some of them will begin impacting drivers in the next two weeks, others will show up later, but I thought I would bring them to your attention today.
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*_JULY 1 TAX INCREASES_*
If you?re thinking about buying a new or used car, do so before July 1 so you can save yourself some money. The Motor Vehicle Sales Tax will be jumping from 6.5% to 6.875% on that date, which means Minnesota will have the 5th highest vehicle sales tax in the United States.
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There is also a $6 fee increase to secure a new drivers license, which applies to applications made on or after July 1.
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*_OCTOBER 1 INCREASES_*
If you shop in the Metro Area, prepare to pay more. On this date, the sales tax in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington counties will jump by .75%
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An additional $1 surcharge will also be added to filing fees.
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*_JANUARY 1, 2024 INCREASES_*
As you ring in the new year, prepare to pay more for gasoline. Democrats approved automatic gas tax increases for inflation, and this inflation-determined increase will now occur every January 1, basically forever.
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Vehicle registration tab costs will also rise. The average driver will see a 36% increase on these costs over the first 11 years of owning the vehicle, but some years will see a 50% increase.
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*_JULY 1, 2024 INCREASES_*
At-home shoppers will be paying this new 50-cent per delivery fee, which will be implemented on deliveries over $100. Exemptions include deliveries for groceries, prepared food, baby products, and feminine hygiene products. It is the largest delivery tax in the U.S.
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*VETERANS SOBER HOME DISCUSSION*
Yesterday, I had the opportunity to attend and speak at a special meeting at the American Legion in Albert Lea, where a new veterans? sober home for southern Minnesota was discussed. Representatives from Trinity Sober Homes, a non- profit which operates a few high-quality sober homes throughout Minnesota, presented this opportunity. Bravo Zulu house would potentially be located near Wells. I was very impressed with what I heard about this potential sober house, which would target veterans. It would include a spiritual element, a work or volunteer requirement, as well as the potential of residents working with retired military dogs.
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Trinity Sober Homes has a post treatment recovery rate of 71%, which is very good. Veterans suicide is at an epidemic rate, with an average of 20 veterans committing suicide a day in the United States. Ninety-five percent of those have PTSD, and VA data shows that the vast majority of vets with PTSD abuse drugs and alcohol. A program like this is much needed, and would be very welcome in southern Minnesota! You can read more about this meeting by clicking here. [ [link removed] ]
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Have a good weekend,
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Peggy
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307 State Office Bldg.
100 Rev. Dr. Martin Luther King Jr. Blvd.
St. Paul, MN 55155
651-296-8216
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