“Income earned in the state is already taxed regardless of residence status, but many retirees or vacationers own a home in the state and live there only for the summer.  The new tax would hit income not earned in Minnesota by those who don’t currently spend the requisite six months and a day in the state to qualify as a taxable resident. So, for example, if you returned to the land of 10,000 taxes only for July and August, you’d suddenly have to pay the taxman in St. Paul on dividend checks sent to your main residence in St. Pete.  The state Revenue Department predicts the tax would raise $30 million over two years.”

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