Minneapolis City Council – Regular Meeting – July 10, 2025
Municipal revenue (2024-01248): Amending Council Action 2024A-0845, related to municipal revenue research, by including examination of additional revenue sources and collaboration with the Board of Estimate & Taxation. Action Taken: Adopted, does not require Mayor’s signature.
“I believe that we do need to tax the rich. We do need to tax the wealthiest people in the city of Minneapolis if we’re ever going to help address poverty in our city.” Council Member Chavez
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Related: Municipal revenue sources: Minneapolis City Council – Regular Meeting. “I believe that we do need to tax the rich. We do need to tax the wealthiest people in the city of Minneapolis if we’re ever going to help address poverty in our city.” Council Member Chavez (City Council Meeting on July 10, 2025)
Related: Steve Brandt’s Thoughts in Response to Letter Re: City Income Tax. “I’ve thrown out for discussion the idea of a 1 percent tax on households with incomes of more than $200,000 annually, which is 2-1/2 times the city’s median household income. Those levels certainly would be negotiable.” (Minneapolis Times, May 31, 2025)
Related: Open Letter to Steve Brandt, Member, Board of Estimate and Taxation. “I already have had to deal with an 87% increase in property taxes since 2017. I have not had an 87% increase in wages. We have 3 kids to get through college. On paper we may look like that family that you can’t wait to attach an income tax to. The reality is quite different, and we work far too hard to have even more taken away.” (Colleen Kepler, Minneapolis Times, May 15, 2025)
Related: Opinion: Minneapolis needs revenue, and it needn’t all come from property taxes. One alternative is a 1% city income tax on households that bring in more than $200,000 a year. “My concept is for a modest 1% tax which would be paid only by households with incomes of at least $200,000 annually” (Steve Brandt, Star Tribune, April 2025)
Related: Interview: Steve Brandt on a Proposed 1% City Income Tax. Is Minneapolis ready for another tax? (Better Minneapolis May 2025)
Related: Minneapolis ought to diversify its income. The burden of narrowing budget gaps shouldn’t fall regressively on property taxpayers. “it’s time for Minneapolis City Hall to take a serious look at diversifying how it finances city services, including seeking the power to impose a municipal income or wealth tax.” (Steve Brandt, Star Tribune, August 2024)
