North Dakota
Related: About this forumNorth Dakota voters may end most property taxes. Government programs could face huge cuts
North Dakota voters this fall could largely end property taxes by approving a ballot measure that opponents say would drastically slash a variety of state services but supporters argue would provide long-sought relief the state can afford.
If passed, the constitutional initiative would eliminate property taxes based on assessed value and require the Republican-controlled Legislature to replace the lost revenue. A top legislative panel estimated that total cost to be $3.15 billion every two years a huge number for a state that passed a $6.1 billion, two-year general fund budget in 2023.
Opponents wonder what government services and initiatives would be cut to cover the replacement revenue.
It would be absolute chaos for the Legislature and for the appropriations process, something that we've never done before," said longtime state Rep. Mike Nathe, a Republican on the Houses budget-writing panel. "We'll be walking blind, that's for sure, as far as how to go about doing this.
https://www.mprnews.org/story/2024/10/27/north-dakota-voters-may-end-most-property-taxes-government-programs-could-face-huge-cuts
OAITW r.2.0
(28,228 posts)XanaDUer2
(13,626 posts)gay texan
(2,833 posts)I kinda liked Fargo, ND. That was a cool city when i was there.
moose65
(3,289 posts)Republicans constantly bitch about taxes. Now that this initiative might pass, theyre suddenly worried about cutting services? Shouldnt these Republicans be out there proud and crowing about this??
yonder
(10,002 posts)oldfart73
(71 posts)It's a matter of who passes it for their own benefit and who else will be paying it.
Property tax is a huge income for the state and a huge payout for the well-to-do who own large property values.
Be sure to tax, license, toll, or fee the regular, necessary items used/needed by the common folk.
Those same items would be a lesser percentage of income/spending by the well-to-do.
Putting more of the burden on the common folk.
OOPS! Would that be ?
-------------------
The common folk get a much-ballyhooed cut in property taxes and
a not-emphasized increase in daily living expenses.