Thursday, February 2, 2012

Foes of ND property tax measure say idea 'radical' - The Finance ...

on February 2, 2012 12:59 am in Business News / no comments

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North Dakota state Rep. George Keiser, right, R-Bismarck, pauses to look at Bella, an Italian cane corso, just after taking literature from Bella's owner, Charles Tuttle, left, after a news conference at the North Dakota Chamber of Commerce headquarters in Bismarck, N.D., which was held by a number of groups opposed to a proposed North Dakota constitutional amendment that would abolish property taxes. Tuttle favors the amendment, and after the news conference, he distributed copies of a study that concluded the amendment would be beneficial to North Dakota's economy. (AP Photo/Dale Wetzel) Abolishing North Dakota's property taxes would end local control over projects and services and drive up state sales and income taxes to make up the lost revenue, the proposal's critics said Wednesday.

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Source: http://www.financeroom.net/?p=247156

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