Big Tax Break for ND Residents?
North Dakota's continued economic success could mean another big tax break for residents.By: Becky Parker, Forum Communications
North Dakota's continued economic success could mean another big tax break for residents.
Today, Governor Jack Dalrymple proposed a $545 million tax relief plan, to significantly reduce taxes.
The plan includes a 50 percent reduction in the average school district levy.
These tax reductions come after a $500 million cut in 2011, and a $400 million cut in 2009.
The owner of a $180,000 home, would pay $1,100 less in property taxes.
Dalrymple says that by the end of 2015, people in North Dakota will have paid $2.25 billion less in taxes than they would have paid had the Hoeven and Dalrymple packages not come forward.
Ryan Taylor, Dalrymple's opponent in the race for governor, says that this a delayed reaction to public outcry.
Taylor released a tax relief plan more than two months ago.
Tags: news, dalrymple, taxes, northdakota
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