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Rep. Davids bill would exempt social security benefits from Minnesota income tax

Fri, Apr 4th, 2014
Posted in All Commentary

By Jason Wenisch

ST. PAUL, Minm. – In an effort to allow Minnesota to join 28 other states that in some way exempt social security income from local taxes, State Representative Greg Davids (R-Preston) is authoring legislation that would provide this needed tax relief.

“These are people who are on limited incomes and can ill-afford increased taxes of any kind,” Davids said.

Minnesota is currently among a few states that tax social security benefits the same in the same manner as the federal government.

Davids said the goal of the legislation is to create a better living environment for senior citizens in our state.

Minnesota is considered to be among the 10 worst states to retire in based on five factors: fiscal health, property taxes, income taxes, cost of living and climate. Davids said removing the state income tax from social security benefits is a good first step.

“Our elderly population spent their entire lives working and paying into the social security system, it doesn’t seem right that we continue taxing many of them on what is their primary source of income,” Davids said.

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