Two Year Income Tax Break Proposal - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

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.

  • PoliticalMore>>

  • Cruz suggests flight ban is boycott of Israel

    Cruz suggests flight ban is boycott of Israel

    Thursday, July 24 2014 12:44 AM EDT2014-07-24 04:44:25 GMT
    Republican Sen. Ted Cruz is questioning whether President Barack Obama used a federal agency to impose an economic boycott on Israel after the Federal Aviation Administration banned U.S. airline flights to Tel Aviv...
    Republican Sen. Ted Cruz on Wednesday questioned whether President Barack Obama used a federal agency to impose an economic boycott on Israel after the Federal Aviation Administration banned U.S. airline flights to Tel...
  • FAA lifts ban on US flights to Tel Aviv airport

    FAA lifts ban on US flights to Tel Aviv airport

    Thursday, July 24 2014 12:42 AM EDT2014-07-24 04:42:07 GMT
    The Federal Aviation Administration says it will continue its ban on U.S. airline flights to Tel Aviv while assessing the danger of rocket attacks.
    The Federal Aviation Administration lifted its ban Wednesday on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
  • House, Senate advance competing border proposals

    House, Senate advance competing border proposals

    Thursday, July 24 2014 12:24 AM EDT2014-07-24 04:24:43 GMT
    Senate Democrats and House Republicans are moving separately to slash President Barack Obama's $3.7 billion emergency spending request for the southern border, but they're unlikely to end up with a deal...
    At an impasse on immigration, House Republicans and Senate Democrats advanced competing proposals Wednesday for dealing with tens of thousands of young migrants showing up at the southern border. Each side quickly ruled...
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 - 2014 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.