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RandySF

(70,745 posts)
Sun Oct 27, 2024, 04:13 PM Oct 27

North 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 House’s 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

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North Dakota voters may end most property taxes. Government programs could face huge cuts (Original Post) RandySF Oct 27 OP
Who is gonna wanna move there? Fucking the future by fucking education. OAITW r.2.0 Oct 27 #1
There go the libraries XanaDUer2 Oct 27 #2
That sucks gay texan Oct 27 #3
Isn't this what they say they want? moose65 Oct 27 #4
Ask Brownback's Kansas how that worked out. yonder Oct 27 #5
If gov't needs money, they will tax, license, toll, or fee whatever they want to or need to. oldfart73 Oct 27 #6

moose65

(3,318 posts)
4. Isn't this what they say they want?
Sun Oct 27, 2024, 05:21 PM
Oct 27

Republicans constantly bitch about taxes. Now that this initiative might pass, they’re suddenly worried about cutting services? Shouldn’t these Republicans be out there proud and crowing about this??

oldfart73

(72 posts)
6. If gov't needs money, they will tax, license, toll, or fee whatever they want to or need to.
Sun Oct 27, 2024, 10:11 PM
Oct 27

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.

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