Minneapolis Mayor Frey Proposes 11.3% Tax Hike While Cutting Over 100 City Jobs

Minneapolis Mayor Jacob Frey just dropped the city's 2027 budget — and it includes an 11.3% property tax levy increase, the steepest hike in at least 26 years. The owner of a median-valued home pays roughly $409 more per year, and over 100 city positions are getting eliminated at the same time. This is what progressive governance looks like when the math finally catches up.Sean breaks down why this story isn't just about Minneapolis — it's the same script playing out in blue cities across the country. Pandemic-era programs funded by one-time sources, commercial real estate values in freefall from remote work, and a tax base that can no longer carry the weight of what was promised. The result: homeowners absorb an ever-growing share of the burden as downtown building values collapse.The episode also covers Minneapolis's police shortage and court-ordered recruiting, the fiscal doom loop and Detroit bankruptcy parallels, Washington state's new millionaire tax, Kathy Hochul's budget desperation, and the widening gap between red-state and blue-state fiscal health.Subscribe to @reasonablenews for daily news commentary from a perspective that doesn't pretend the math doesn't exist.#NFRP #Minneapolis #PropertyTaxGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY🌐 NOT on Discord? CHAT with us right on the site — free account, no app needed: https://ReasonableTV.com/community/👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL