The expected shrinking of Minnesota's workforce could lead to higher taxes for taxpayers. Factors such as an aging population, declining birth rates, and lower immigration levels could slow payroll growth over the next several years, according to the Minnesota Management and Budget’s Budget and Economic Forecast. Fewer workers could result in a drop in income tax, the state’�s main revenue source. Economists have suggested that states have several options to address this issue, including adjusting the budget and potentially increasing taxes. Republican Sen. Eric Pratt from Prior Lake expressed concern about the potential burden on taxpayers.