North Dakota Soars Past All Other States.

In a survey of tax revenue gains over the previous decade– North Dakota’s recovery from the Great Recession rocketed past all other states.

From 2017 to 2018– taxable sales and purchases went up by almost 13 percent, totaling more than 20 billion dollars.
While sales and purchases went up in Williston, Dickinson, and Minot… sales dropped a bit in Bismarck and Mandan during the 2017-2018 period.
Propelled by oil extraction and production taxes, North Dakota’s state tax collections peaked in 2014 at 6 billion, then dropped steadily to 3.3 billion in 2017 before rebounding last year to 4.1 billion, according to state figures.
North Dakota’s tax commissioner says revenues from oil activity now account for slightly more than half the tax collected in the state. 
 

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Recent Videos

Amber's Thursday Morning #OneMinuteForecast 5/28

Thumbnail for the video titled "Amber's Thursday Morning #OneMinuteForecast 5/28"

Thursday's Forecast: cooler & windy

Thumbnail for the video titled "Thursday's Forecast: cooler & windy"

Life Hacks: FRUIT

Thumbnail for the video titled "Life Hacks: FRUIT"

Mandan Softball

Thumbnail for the video titled "Mandan Softball"

Michael Coachman

Thumbnail for the video titled "Michael Coachman"

Summer Reading

Thumbnail for the video titled "Summer Reading"

New Salem Track & Field

Thumbnail for the video titled "New Salem Track & Field"

Class B Baseball

Thumbnail for the video titled "Class B Baseball"

Wednesday, May 27th, 2020 - KX Storm Team Evening Forecast - Dave Holder

Thumbnail for the video titled "Wednesday, May 27th, 2020 - KX Storm Team Evening Forecast - Dave Holder"

Dewey Reinert

Thumbnail for the video titled "Dewey Reinert"

Bismarck City Commission

Thumbnail for the video titled "Bismarck City Commission"

Brandi Jude City Commission

Thumbnail for the video titled "Brandi Jude City Commission"

Steve Marquardt City Commission

Thumbnail for the video titled "Steve Marquardt City Commission"

Mike Connelly City Commission

Thumbnail for the video titled "Mike Connelly City Commission"

Mark Splonskowski City Commission

Thumbnail for the video titled "Mark Splonskowski City Commission"

Kids and Anxiety: Expert Panel

Thumbnail for the video titled "Kids and Anxiety: Expert Panel"

KX Storm Team Full Evening Forecast w/Tom Schrader 5/27

Thumbnail for the video titled "KX Storm Team Full Evening Forecast w/Tom Schrader 5/27"

Grand Forks Shooting

Thumbnail for the video titled "Grand Forks Shooting"

Job Market

Thumbnail for the video titled "Job Market"

Ward Co. Tests Voting Equip.

Thumbnail for the video titled "Ward Co. Tests Voting Equip."
More Video

KX News Trending Stories

Don't Miss

Daily Pledge

More Daily Pledge