Jeff Van Wychen: Price of government to hit all time low
Despite all of the crying from the right about tax increases, Minnesota’s “Price of Government” is projected to reach the lowest level in its 25 year history. The “Price of Government” (or POG) is calculated periodically by non-partisan staff at Minnesota Management & Budget (MMB) and is equal to total state and local government revenue excluding federal grants (referred to as “own-source revenue”) as a percentage of statewide personal income.
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