After Minnesota closed within 102-100, Victor Wembanyama, as part of a 16 point fourth quarter masterpiece, captained a 13-8 finish, and San Antonio righted the wrongs of their earlier free throw shooting woes to put away the Wolves 115-108. With Anthony Edwards inserted into the starting lineup for game 3, it was a tale of two first quarters as the Spurs surged to an 18-3 advantage and promptly ceded nearly all of it back to the Wolves in the closing four minutes. Despite the teams being knotted at 51 at the half, San Antonio was able to grab a hold of the lead through most of the second half before Wembanyama’s crunchtime takeover.
Minnesota
DFL lawmakers to big corporations: Show us your tax returns • Minnesota Reformer
Minnesota Democratic-Farmer-Labor legislators this week introduced a bill that aims to force corporations to disclose more about their finances and tax bills in the face of increasingly opaque tax avoidance strategies by the nation’s biggest companies.
Rep. Emma Greenman, DFL-Minneapolis, proposed a bill on Monday that would make a corporation’s state tax returns available on a state website. The proposed disclosure law would apply to corporations that make $250 million or more in aggregate gross national sales and receipts, meaning it would apply to the biggest corporations that do business in Minnesota, like Amazon and Target.
“Disclosure and transparency is just good across the board when it comes to the biggest actors in our economy,” Greenman said. “It’s really important that we, as lawmakers, are showing the public that we’re willing to be fair and transparent about the biggest economic actors.”
A Pew Research study last year found that 60% of Americans said the feeling that corporations don’t pay their fair share “bothers them a lot.”
Unsurprisingly, the state’s business lobby and trade organization are against the proposed bill (HF4513).
Kurt Zellers, CEO of the Minnesota Business Partnership — which lobbies for the state’s biggest companies like 3M and Cargill — questioned the legislators’ intent , saying it would make corporations’ tax information available to competitors “or worse, nefarious dictator-led countries.”
“Why would any lawmaker want to punish homegrown Minnesota businesses and put them at a competitive disadvantage? There’s a reason no other state in the nation has passed a law like this,” Zellers said in a written statement to the Reformer. “Our lawmakers should never jeopardize our companies and their employees.”
The Minnesota Chamber of Commerce questioned the legality of the bill.
“This bill violates the long-standing principles of taxpayer confidentiality, likely runs afoul of federal law that prohibits states from releasing tax return information and undermines Minnesota’s competitiveness as other states do not require similar public disclosure of confidential tax return information,” said Beth Kadoun, vice president of fiscal and tax policy with the Minnesota Chamber, in a statement.
Greenman said corporations for years have claimed the state’s policies are driving businesses out of state, but it doesn’t happen. She cited the latest February forecast as evidence that corporations are making big bucks in Minnesota, as the state’s budget agency said corporate profits and taxes are higher than expected.
“This is a piece of information, just disclosure,” Greenman said. “It puts no more burdens on these corporations, and I think it’ll be useful for policy-making, to the public and for creating a fairer economy.”
Democratic lawmakers are also again eyeing a new tax regime that would require corporations to report their worldwide revenue, instead of just U.S. income.
Rep. Mike Howard, DFL-Richfield, introduced a bill (HF4535) this week that would study the impacts of Minnesota implementing what’s called worldwide combined reporting, a proposal that DFL lawmakers dropped during the eleventh hour of last year’s session after corporations successfully lobbied lawmakers and Gov. Tim Walz to kill it.
Worldwide combined reporting requires multinational corporations to pay income taxes based on their entire global profits rather than what they make in the U.S. Multinational corporations often shift their profits to subsidiaries outside of the U.S. to avoid taxes.
Howard said he’s proposing the study because when lawmakers proposed worldwide combined reporting last year, there were too many unknowns, like how the Department of Revenue would enforce it and how much revenue it would generate for the state.
“What this bill is about is making sure our tax system is fair and making sure that corporate entities are paying their fair share,” Howard said. “Fundamentally, the idea is something a lot of Minnesotans support in terms of just the basic fairness, so let’s get the details right.”
Howard said this year lawmakers intend to study it. Depending on what the study finds, they could implement it at a later date.
Both the Greenman and Howard bills will be heard in the House Taxes Committee on Wednesday.
Minnesota
Projected Lineup: Wild vs. Avalanche | Minnesota Wild
Minnesota
San Antonio vs. Minnesota, Final Score: Spurs tame Wolves in Game 3 win, 115-108
San Antonio, despite its early success, struggled for some time to find sufficient support of Wembanyama (39 points, 15 rebounds, and 5 blocks). Running mates Stephon Castle (13 points, 12 assists, and 4 rebounds) and De’Aaron Fox (17 points and 5 assists) started slowly, but both of them worked through the kinks when it mattered most. Devin Vassell (13 points and 6 rebounds) made just the right plays on both ends. Rookie Carter Bryant (6 points and 2 rebounds) made the most of his first half minutes to help the Spurs stay ever so slightly ahead of the Wolves. Keldon Johnson (11 points) worked through an ineffectual playoffs thus far and had a much-needed burst late in the third quarter. Dylan Harper (8 points and 4 rebounds) figured meaningfully in the closing minutes.
Minnesota’s Edwards (32 points, 14 rebounds, and 6 assists) led the way as expected with Jaden McDaniels (17 points and 7 rebounds) reprising his standout role from the Denver series. Former Sixth Man of the Year Naz Reid (18 points, 9 rebounds, and 5 assists) had an excellent effort off the bench, while Ayo Dosummu (11 points, 7 rebounds, and 5 assists) also helped the Wolves nearly pull off the upset.
San Antonio picked up where it left off from Wednesday night showcasing its defensive clamps – Edwards’ free throw was the only Minnesota scoring as they missed their first 11 shots. Wembanyama again set up shop in the paint and scored four early ones and netted 9 of the team’s first 11 points. The Wolves stayed glued to one point until the 5:09 mark when a Gobert tip-in roused the crowd from slumber. The Spurs reached zenith at 18-3. Despite the early San Antonio advantage, both teams shot a combined 9-for-36 (25%) over the first nine minutes, which was a foreboding lurch into Minnesota’s closing run. Gobert generated surprising offense, which emboldened Edwards to seek out his offense and the Wolves closed within 22-23 after one.
Three quick Minnesota field goals threatened to cause the Target Center to ’go crazy,‘ but the Spurs’ veterans – Wembanyama and Fox – stabilized them over several tense possessions. Bryant saw first half action and hit a pair of timely threes. Despite wresting the lead back, San Antonio left plentiful points on the board with its free throw misses. The teams fought and clawed to stay within 1-2 possesions of each other until fireworks from Minnesota and San Antonio resulted in a 51 tie at the half.
The teams put up a flurry of threes during a whirlwind third period. San Antonio remained ahead by a handful after the artillery exchange. The really interesting thing was that different players accounted for each three on both sides. The Spurs pushed their lead to as high as seven until Edwards and Dosummu connected on several quick field goals. Wembanyama, while having his left arm behind held by Gobert, swatted away Edwards’ floater with his right hand, and then the Wolves star held his right side as the center tried to run upcourt to join his tammates. After the pace slowed to a veritable crawl, San Antonio still found itself up seven going to the final 12 minutes.
- This was the second game this series where Randle made hostile contact to Castle, and the Spurs guard was whistled for the foul. Tonight’s call, however, was overturned after review.
- If Gobert continues to stay long stretches on the bench, that may effectively consume any meaningful Kornet minutes.
- My friend said, “remember when Ginobili would get fouled… his hair would fly everywhere? That’s Castle” And all I could reply with was “until 2007.”
- Does the Amazon arrow change directions depending on who’s leading?
- It makes sense why the Spurs tried to sell tickets to people within 150 miles of San Antonio in Round 1. The Philadelphia / New York game very much sounded like a pro-Knicks crowd.
- My three sisters and I ended our respective eulogies for my dad with ‘Go Spurs Go.’
- Sequence of the Game #1: Several minutes in, Wembanyama swatted away Randle’s attempt, sped past other Wolves down the floor, and and converted an and-1 over McDaniels. #wemblock
- Sequence of the Game #2: After a Reid three, Fox slithered down to the other end and got a layup over three Timberwolves.
Wembanyama dunked home successive lob passes from Vassell and Castle for San Antonio’s first four points. Fox deflected a pass on the first Wolves possession. (Wembanyama’s first block looked like a goaltend but we’ll keep that between you and me.) Wembanyama’s turnaround banker made it 11-1. The only negative for the Spurs was getting into the foul bonus in less than five minutes. Johnson’s catch-and-shoot triple made it 14-1. Reid’s three caused Mitch Johnson to burn his late period timeout. Gobert’s second and third buckets kickstarted a 9-0 run late in the stanza. Vassell’s floater salvaged a series of fraught moments. Edwards went on a personal twelve point explosion to draw Minnesota within one.
Another Wembanyama lob provided momentary relief from the Wolves’ onslaught – as Edwards, Reid, and McDaniels connected early on in the second period. Bryant hit a corner three to put San Antonio ahead for mere seconds. Bryant’s next one – a shotclock beating three – put the Spurs back up four. Minnesota again drew San Antonio into the foul bonus halfway through. Right as I was muttering to myself that he was settling for too many threes, Castle’s pull-up jumper in the paint put the Spurs up six. An offensive foul on Reid – who elbowed Kornet in the face – was overturned due to the Spurs’ center holding with his left hand. San Antonio challenged an offensive foul whistled on Castle and it was unfortunately upheld. Reid’s corner three put Minnesota back up. but Castle drew Reid’s third foul shortly after. After Castle swiped it clean from Randle, Fox hit his second straight field goal, but that was matched by a McDaniels three tying the game at 51.
Dosummu replaced Mike Conley in the starting lineup, and San Antonio made some decent stops to start the second half. Threes from Castle and Wembanyama put the Spurs up six. After the Wolves bigs used Wembanyama as a punching bag, the referees finally whistled Randle for an offensive foul on an elbow extension. Vassell threw down a thunderous lefty jam seconds later. Edwards hit two baseline floaters and Dosummi followed with a corner three. Castle and Kornet ran pick and roll action to get the center a runner. Harper took a shot to the head on a loose ball situation and stayed down on the court for minutes, while Castle and McDaniels were assessed technicals. San Antonio got into the foul bonus but continued to put up ‘1-for-2s.’ Johnson paired two freebies with a wing three and the Spurs were relieved to head to the fourth up 86-79.
For the Wolves fan’s perspective, please visit Canis Hoopus.
San Antonio stays in the Twin Cities for Game 4 with Edwards and the Minnesota Timberwolves on Sunday night at 6:30 PM CDT on NBC.
Minnesota
1 injured after shooting in Inver Grove Heights, police say; search for suspect underway
Police in Inver Grove Heights, Minnesota, are searching for a suspect after an individual was injured in a shooting following an altercation on Friday morning.
Officers responded to the 3300 block of 76th Street around 2:45 a.m. for a report of shots fired and a person who had been hit by gunfire, according to the Inver Grove Heights Police Department. They found the 911 caller, who was struck by a bullet. They were taken to a hospital and is expected to survive, officials said.
Investigators said the suspect was trying to get into the vehicle of the caller. Both individuals shot at each other after a short verbal altercation, according to police.
The suspect, whose description has yet to be disclosed by law enforcement, left the scene on foot.
Police are asking area residents who have video of the shooting or the suspect to email the footage to them.
Anyone who sees the suspect is urged not to approach them and to call 911. According to police, they are considered armed and dangerous.
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