North Dakota
Letter: Gov. Doug Burgum’s motivations for cutting North Dakota’s income tax are suspicious
I’m wondering if it was coincidental that the bulletins of
Gov. Doug Burgum’s plan to chop the state revenue tax
and
Harold Hamm’s $50 million donation
to the
Theodore Roosevelt Presidential Library
had been made concurrently. It appears like a quid professional quo to me. I believe that Hamm will profit tremendously by a reduce or elimination of the North Dakota revenue tax. I believe that Burgum will profit tremendously additionally.
How many individuals notice that out of state residents working in North Dakota do should pay North Dakota revenue tax on their North Dakota earnings? Why would we need to decrease or eradicate their North Dakota tax obligation?
Most of the folks that this is applicable to are within the oil and gasoline business in North Dakota. Oil area employees, non-resident mineral rights house owners, oil and gasoline exploration firms and the non-resident firms and staff that service the oil business. Why give them a free journey?
It appears to me like Hamm’s generosity might repay very properly for him and his firms.
Burgum’s rationalization that the tax reduce or elimination would draw employees to North Dakota is completely bogus and he is aware of it. Employees will come right here in the event that they see good wages, good faculties, good healthcare and accessible and inexpensive childcare for his or her households. North Dakota revenue tax charges are already low by any nationwide normal. If somebody contemplating transferring to North Dakota does have a look at the revenue tax as an element, it will already be a plus.
Burgum’s motivation to push that is very suspicious to me.
Wendel Mongeon is a resident of Fargo.
This letter doesn’t essentially mirror the opinion of The Discussion board’s editorial board nor Discussion board possession.