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Tractor Talk Discussion Forum

Re: 5 most tax unfriendly states to retirees

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Owen Aaland

08-22-2013 19:22:47
216.47.35.45



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pete 23 said: (quoted from post at 22:04:47 08/22/13) I think Minn ranks right up near the top and they are having a special session anyway. I am confused on the service tax they enacted as this would affect me doing doing work on farm tractors. The self employment tax is what I have to pay, wish I made enough to have to pay income tax.


They extended the sales tax to repair of agriculture equipment. Parts are still exempt. In some ways it makes it easier since labor for other types or repair were already taxed.

Somehow that provision just mysteriously got included in the bill and the Governor was surprised when he found out about it after he signed it into law. They raised taxes 3 billion to cover a possible 500 million shortfall and now they just can't seem to figure out how to get by with any less money so it sounds like we are going to be stuck with it.

As for how it would affect you I'm guessing that it would depend on whether you operate as a business or do your customers hire you as a laborer.
This post was edited by Owen Aaland at 00:16:23 08/23/13.

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