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.
41 minutes agoFurniture, tools from nonprofit organization that help abused childrenSee the latest Insider Deals.What artists and writers really want under the tree this yearRick Becker, pictured Wednesday, July 24, 2024, in Bismarck, N.D., is the leader of a ballot initiative to largely do away with the property tax in North Dakota. The measure also would require the Legislature to provide replacement revenue to local governments.
Measure leader Rick Becker countered that it wasn't practical to identify funding sources in the initiative but that the state has plenty of money to fill any gaps. 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.
A similar measure failed handily in 2012. Oban said he expects a closer vote margin due to more frustration and political changes in North Dakota since 2012, but added he is confident voters will defeat the measure. The Legislature could increase income and sales taxes, come up with new or never-before-considered fees, or allow local governments to tax in different ways, Oban said. Sales tax increases might help major cities such as Bismarck and Fargo, but it wouldn't work for rural communities that don't have a sales tax base to pay for their schools and law enforcement moving forward, he said.
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