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Published April 22, 2013, 10:38 PM

ND legislature to consider income, corporate taxes

One of the big issues North Dakota lawmakers still have to work out this session is one that would keep more money in your wallet. The Senate has scaled back the cuts to income and corporate taxes -- it now looks similar to Governor Dalyrmple's recommendation, but it's $375 million lower than what the House proposed.

One of the big issues North Dakota lawmakers still have to work out this session is one that would keep more money in your wallet. The Senate has scaled back the cuts to income and corporate taxes -- it now looks similar to Governor Dalyrmple's recommendation, but it's $375 million lower than what the House proposed.

A bill to supplement tax relief for North Dakotan's got lots of debate in the ND Senate today. Senators passed a bill reducing income and corporate taxes. House Bill 1250 gives $100 million in income tax cuts and $25 million in corporate tax cuts. Most of the debate centered around the question would North Dakotan's rather have that $125 million go towards additional property tax relief?

Sen. Mac Schneider (D) Grand Forks: "The cuts to income and corporate taxes, I'm not going to say that there aren't North Dakotans out there who want to see that happen but I think it's secondary to the support for cutting property taxes."

Sen Dwight Cook, (R) Mandan: "I think $250 million or $190 million is the right amount to leave in the taxpayers pocket."

Sen. Joe Miller, (R) Park River: "We have an abundance of money coming into the state's treasury. We need to do what's right and keep it in the pockets of North Dakotans."

It has been the legislature's goal of sending $1 billion back to North Dakotans in combined tax relief. House bill 1250's next move is to conference committee.

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