Minnesota lawmakers, frustrated over their inability to recover funds lost to fraud, came up with a proposal: imposing a 100-percent tax on fraudsters’ ill-gotten gains.
“We’re calling it ‘The Take-it-Back Act,’” Republican state Sen. Steve Drazkowski said during an April 15 news conference in St. Paul, Minnesota, with state Rep. Patti Anderson, who introduced the proposal two days prior.
“The people in Minnesota, they want their money back, and it’s our job as legislators to do everything we can to make that happen,” she said.
Anderson, a Republican who serves as vice chair of the Minnesota House anti-fraud committee, said the bill, HF4950, is drawing bipartisan support….