Tuesday, June 12, 2012

North Dakota voters to decide on abolishing property tax

I agree with this 100%. If you can't pay your property taxes after paying a 30 year mortgage you will lose your house! Where are the property rights that we are promised? I hope this starts a tax revolt that spreads throughout the land. We must put government back in its proper place and the only way to do that is to limit their ability to confiscate our money for needless, useless and wasteful spending. I hope we don't stop here. Next up should be to repeal the 16th & 17th Amendments to the Constitution.

The Founders did not create this country with an income tax because they knew the government would grow too large and abuse the citizenry with confiscatory tax rates. Also, the Founders knew that the states needed representatives in Washington and they set up our government so US Senators were appointed by state legislatures. If we would repeal the 17th Amendment that took the power away from the states, we could return to Federalism. - Reggie

North Dakota voters will decide Tuesday on the ultimate tax revolt: abolishing the property tax altogether. A citizen-led petition drive has put the daring, all-or-nothing proposal before the voters in a state flush with tax revenue, jobs and prosperity generated by an oil boom.

If the property tax is eliminated, it would be the first time since 1980 — when oil-rich Alaska got rid of its income tax — that a state has discontinued a major tax, reports the Tax Foundation, a non-partisan research group. North Dakota would become the only state not to have a property tax, a levy the state has had since before it joined the union in 1889.

"The oil boom makes it easier to get rid of the tax, but we started this before the oil boom took off," said Charlene Nelson, chairman of Empower The Taxpayer, which is leading the tax repeal effort. "Any state would benefit from this same thing."

North Dakota's political and business establishment has lined up against the measure. The state Chamber of Commerce, farm groups, unions and most elected officials are opposed.

The property tax generates about $800 million a year in North Dakota. Except for a small share for a state medical school, the money is collected by counties and used to fund schools and local governments.

And there is this...

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