Legislative preview of property tax initiative

Topics | Government & Politics |
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Since his days on the campaign trail Governor Jesse Ventura has railed against the state's local property tax system, calling it unfair, confusing, and in urgent need of reform. As a candidate Ventura had few hard proposals for reform, and his first budget as governor lacked any radical changes. But after studying the issue for two years Ventura and his top aides say they're now ready for a major change in property taxes. They propose taking general education funding completely off the property tax rolls, a nearly 1 billion dollar bite. Replacing that revenue with other taxes or spending cuts will involve tricky budget negotiations, and the plan is already facing tough questions at the Capitol. Minnesota Public Radio's Michael Khoo has this preview of Ventura's property tax initiative.

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