Two Year Income Tax Break Proposal - KXNet - Bismarck/Minot/Williston/Dickinson

Two Year Income Tax Break Proposal

Posted:
Bismarck, ND -

North Dakotan's should be allowed to keep more of their money since the state has a large surplus.

That's according to Minot Representative Scott Louser.

Louser is proposing an income tax break for two years.

He says it may prove to lawmakers the state doesn't need a personal income tax.

His bill would suspend income tax in 2013 and 2014 -- to at least give the idea a try.

Louser says, "It's big, bold and aggressive. It's big with a cost of $1 billion. It's bold in that addresses the full tax. It's not a reduction in rates, it addresses all five brackets and it does so for two years."

Seven states have no income tax.

Louisiana and Nebraska have recently proposed eliminating income and corporate taxes.

A spokesperson for the Greater North Dakota Chamber opposed the bill, saying the organization would support a plan that also gives corporate tax relief.

  • Bismarck/Mandan News

  • Friday, May 24 2013 7:01 PM EDT2013-05-24 23:01:01 GMT
    It's a bittersweet time for children anxious for Summer, when they also know they're leaving behind their elementary school -- for good. Today is the last day of school for these kids -- and the last
    It's a bittersweet time for children anxious for Summer, when they also know they're leaving behind their elementary school -- for good. Today is the last day of school for these kids -- and the last
  • Friday, May 24 2013 6:57 PM EDT2013-05-24 22:57:59 GMT
    Mandan's getting pizza and Bismarck has new glasses.  This and more in today's "Around Town."  In just a few weeks, Little Caesars will break ground at Sixth and Third in Mandan -- right next to Spirit
    Mandan's getting pizza and Bismarck has new glasses.  This and more in today's "Around Town."  In just a few weeks, Little Caesars will break ground at Sixth and Third in Mandan -- right next to Spirit
  • Earlier this year, Melanie and Shannon Lennie of Mandan started North Dakota's first support group for families affected by Tourette Syndrome. In this interview from KX News at 5:00 with Marci Narum, Melanie
    Earlier this year, Melanie and Shannon Lennie of Mandan started North Dakota's first support group for families affected by Tourette Syndrome. In this interview from KX News at 5:00 with Marci Narum, Melanie
  • Political

  • Haynes Johnson, a pioneering Washington journalist who won a Pulitzer Prize for his coverage of the civil rights movements and migrated from newspapers to television, books and teaching, died Friday. He was 81.
    Haynes Johnson, a pioneering Washington journalist who won a Pulitzer Prize for his coverage of the civil rights movement and migrated from newspapers to television, books and teaching, died Friday. He was 81.
  • China's state media says an envoy from North Korean leader Kim Jong Un has warned there is no guarantee of peace on the Korean Peninsula, but also stressed that his country is willing to hold talks with all sides...
    A top North Korean envoy has delivered a letter from leader Kim Jong Un to Chinese President Xi Jinping and told him Pyongyang would take steps to rejoin stalled nuclear disarmament talks, in an apparent victory for...
  • The lawyer for ex-Guatemalan President Alfonso Portillo says he is being extradited to the United States to face money-laundering and embezzlement charges.
    Former Guatemalan President Alfonso Portillo was extradited on Friday to the United States to face charges of laundering $70 million in Guatemalan funds through U.S. bank accounts.
Quick Clicks
Closings/Delays
View list
Calendar
What's happening?
Lottery Results
Feeling lucky?
Viewer Photos
Submit yours!
Road Report
Current conditions
TV Listings
See what's on
Gas Prices
Check near you
E-Mail Newsletter
Signup now

Most Popular

Stories
Videos
loading...
Powered by WorldNow
General information or questions:
kxinfo@kxnet.com

News:
Bismarck:
Phone: 701-223-9197
News Fax: 701-223-1985

News:
Minot:
Phone: 701-852-2104
News Fax: 701-838-1050
All content © Copyright 2000 - 2013 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.