The full report can be found here but the results are clear.
North Dakotans are over taxed. The amount that we are over taxed, as of yesterday is $527 million.
It’s time for North Dakota’s Republicans to stand up and do 1 of 2 things this session.
Either use this surplus to solidify North Dakota’s tax structure for next decade, or give the over taxed amounts back to the people that paid it in.
As I wrote on March 18th, this surplus is obscene. The state of North Dakota is reaping obscene profits off the backs of hard-working North Dakotans. While North Dakotans have to adjust their budgets to heat their homes, send their kids to college and fill up their gas tanks, the state is bragging that it has so much money in reserves it doesn’t know what to do with it.
If this money is to be spent rather than sent back to it’s rightful owners, this surplus must be used to help create long term sustainable tax policy. Tuition rates should be frozen for at least 4 years, and general taxation should be frozen for at least 6 years; if not longer.
How can the State of North Dakota be sitting on $527 million more than it needs while sitting in 31st place.
We can do better. We must do better.