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.
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.
In what way would “we’re cutting property tax in half!” not work? No one enjoys paying these taxes. But if the state can’t slash the rate in half and pay for it, how will just throwing it out the window with no concrete plan do any better?
I agree property taxes are problematic for fixed income people and low income people. I just think they need to show how they can pay for essential services and cut taxes at the same time, without just gesturing to money they may tap into.
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.
Think you just answered your own question
Lol. Sad, true.
I mean, you’re talking about government. When do they ever think?
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In what way would “we’re cutting property tax in half!” not work? No one enjoys paying these taxes. But if the state can’t slash the rate in half and pay for it, how will just throwing it out the window with no concrete plan do any better?
I agree property taxes are problematic for fixed income people and low income people. I just think they need to show how they can pay for essential services and cut taxes at the same time, without just gesturing to money they may tap into.
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