State of North Dakota Archives: on Tax Reform
Flatten and simplify personal income tax
Decrease Our Tax Burden
Source: 2016 N.D. Governor campaign website, BeckerForGovernor.com
Dec 10, 2015
- Income Tax--Flatten and simplify personal income tax and keep it low. Instead of using special-interest deals and government subsidies, our corporate rates should simply be lower.
Property Tax--Implement true reform rather than buy-downs, which are backfilled by local counties and cities.
Never eliminate home mortgage deduction
Both candidates mostly ducked a question about which tax loopholes they would close as part of an overall reform plan. Heitkamp said she would "never" support eliminating a tax deduction for interest on home mortgages, and declared she
would abolish tax incentives that she said have encouraged companies to export jobs. Both she and Berg said they supported reducing corporate income tax rates
Source: Connecticut Post on 2012 N.D. Senate debate
Oct 25, 2012
We need to have a discussion on specific tax breaks
Challenged by a questioner at a town-hall campaign meeting, Democratic U.S. Senate candidate Heidi Heitkamp said she'll offer suggestions for cutting federal spending and reducing the national debt during her campaign this fall.
In public appearances,
Heitkamp has detailed her objections to a budget-cutting plan offered by U.S. Rep. Paul Ryan, R-Wis., which potential GOP Senate rival Rick Berg has supported. Ryan's blueprint would reduce tax rates, including those for high-income
Americans, and end guaranteed Medicare benefits for younger people once they reach retirement age, Heitkamp said.
It suggests ending some tax breaks, without being specific, Heitkamp said. "None of these (budget plans) are detailed.
The problem is, they're all political documents. They're not real budgets. That needs to end, and we need to have a discussion," Heitkamp said. "I will tell you specifically what I think in the budget can work and what can't work."
Source: AP/The Dickinson Press on 2012 N.D. Senate debate
May 5, 2012
Incentives promote job creation in new enterprises
House Bill 1057 enhances North Dakota's angel fund investment tax credit, providing incentives to promote nationwide, private-sector investment in North Dakota's angel fund enterprises. Risk capital is a vital component for growth and entrepreneurial
development, and this legislation will enhance North Dakota's job creation opportunities by promoting technology-based private investment and securing sources of risk capital for early stage enterprises looking to grow in North Dakota.
Source: N.D. 2011 gubernatorial press release, "Job Creation"
May 16, 2011
Tax relief to share economic gains with people of ND
With our state economy strong and growing stronger, it's important that the people of North Dakota see a substantial share of our economic gains reflected in their tax bills. Providing tax relief was a priority we shared early on with the Legislative
Assembly and it should always be a priority as part of our strategy for economic growth.
I signed into law House Bill 1047, legislation that provides nearly $500 million in property tax relief and income tax relief during the 2011-2013 biennium.
Source: N.D. 2011 gubernatorial press release, "$500 million"
Apr 27, 2011
Page last updated: Feb 28, 2017