North Dakota voters may end most property taxes. Government programs could face huge cuts
North Dakota voters may end most property taxes. Government programs could face huge cuts
North Dakota voters this fall could end the property tax by approving a ballot measure that opponents say would drastically slash a variety of state services.
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He said the Legislature could use earnings from the state’s $11 billion oil tax savings as well as millions of dollars he said go to “corporate welfare” for private corporations and special interest groups. The state also has better-than-forecasted revenues coming in, he said.
Becker has an argument here that I can't argue with.
I don't understand why it has to be all or nothing? It seems like they could reduce property taxes, see if the other funding sources can cover the difference, and measure how it impacts programs that were traditionally funded by these taxes. If they can prove it covers the difference with no impact, then think about reducing the tax rate further..
If they approach the change incrementally it would benefit everyone. If they instantly reduce the tax rate to 0% it most benefits the rich folks with expensive property.
If they instantly reduce the tax rate to 0% it most benefits the rich folks with expensive property.
Think you just answered your own question
Lol. Sad, true.
don't understand why it has to be all or nothing
I mean, you're talking about government. When do they ever think?