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Re: Property Tax Revolution in North Dakota, Minnesota, Michigan; It's Our Home Not Theirs!

By: Decomposed in ROUND | Recommend this post (0)
Mon, 26 Mar 12 3:54 PM | 41 view(s)
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Msg. 39930 of 45510
(This msg. is a reply to 39910 by capt_nemo)

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re: "If the amendment passes, school districts will simply have to get funding from another source, or cut budgets."

I'll keep my fingers crossed. This would be a wonderful precedent for the rest of the country.

Counties need money to operate. There's no question about that. But they probably don't need as much as they currently receive. Portions can be cut. Parents, for instance, SHOULD be paying themselves for their childrens' education, not relying on the charity of others from whom the money is effectively stolen.

Every citizen is supposed to be equal in this nation. Tax them EQUALLY.




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The above is a reply to the following message:
Property Tax Revolution in North Dakota, Minnesota, Michigan; It's Our Home Not Theirs!
By: capt_nemo
in ROUND
Mon, 26 Mar 12 4:54 AM
Msg. 39910 of 45510

The granddaddy of property tax revolts is now underway in North Dakota.

The North Dakota group, Empower the Taxpayer writes "On June 12, 2012, the voters of North Dakota will have the opportunity to make North Dakota truly 'Legendary', as the first to pass a state constitutional amendment that will abolish the property tax, prioritize spending by the legislature, and finally give local governments something they never had: true local control over spending."

Public unions and proponents of big government are now involved in a major wave of fearmongering because North Dakota counties get about 60 percent of their revenue from property tax.

If the amendment passes, school districts will simply have to get funding from another source, or cut budgets.


Support Grows For Abolishing Property Taxes

Minnesota Public Radio discussed the setup in North Dakota in an article last November called Support grows for abolishing property tax in ND

Many Minnesota residents expect a bigger bill when their property tax statements arrive this month. But across the border, North Dakota residents are considering a proposal to make the state the first in the nation to abolish property taxes.

Supporters gathered more than 28,000 signatures to put that question on the ballot next June.

Backers of the measure say there's plenty of revenue to go around without property taxes. But local government officials say eliminating property tax would create chaos.

In the north central North Dakota small town of Carrington, population 2065, Mayor Don Frye wonders if businesses will build in his city if the snow isn't plowed, or the sewers don't work.

Those are just scare tactics, says Charles Tuttle. He's one of the organizers behind a measure to abolish property taxes.

Eliminating property taxes would put more than $800 million back in the pockets of property owners, stimulate the economy and create thousands of jobs, Tuttle said, referencing the study [Eliminating Property Taxes in North Dakota] from a Massachusetts free-market think tank.

Michigan Ponders Property Tax Repeal

http://globaleconomicanalysis.blogspot.com/2012/03/property-tax-revolution-in-north-dakota.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29


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