Senjem Update March 23, 2020

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March 23, 2020 Dear Friends, The coronavirus pandemic is concerning all of us in every respect. We fear for our personal health and the health of our love ones, our friends, and our neighbors. Because of the impacts of necessary preventative actions many fear for their financial futures and even whether or not the actions necessary to protect public health and combat the dreaded coronavirus might take our country into an economic recession. At difficult times like this, I know and fervently understand that you are looking to your state government to lead and to take all actions necessary and appropriate to ensure your safety and the common good of all Minnesotans. While our state is the only state in the nation with a politically divided government we …

Senjem Update February 14, 2020

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Dear Friends, First week of the 2020 session The 2020 legislative session got underway this week. As we move forward, I believe we have significant opportunities for bipartisan success. The Senate will focus on passing bills with bipartisan support – and that includes bipartisan agreement on our $1.3 billion budget surplus. I’m looking forward to a robust discussion and a solution on how to bring down the high costs of insulin and other prescription drugs, lower taxes, fund improvements to local infrastructure, and more. I also expect the legislature to consider measures related to public education, affordable housing, public works projects, colleges and universities, and more. Last month, my colleagues and I outlined our legislative agenda for the session. That plan, known as our Vision 2020 agenda, will …

New York Times Accuses FedEx Of Not Paying Taxes. FedEx Responds.

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The New York Times: “In the 2017 fiscal year, FedEx owed more than $1.5 billion in taxes. The next year, it owed nothing. What changed was the Trump administration’s tax cut – for which the company had lobbied hard.” FedEx CEO Fred SMith: “The New York Times published a distorted and factually incorrect story on the front page of the Sunday, November 17 edition concerning FedEx and our billions of dollars of tax payments and billions of dollars of investments in the U.S. economy. … Pertinent to this outrageous distortion of the truth is the fact that unlike FedEx, the New York Times paid zero federal income tax in 2017 on earnings of $111 million, and only $30 million in 2018 … Also in 2018 the New York …