Drill, baby, drill: Number of North Dakota millionaires increases

BISMARCK, N.D. (AP) – The state Tax Department says a record number of North Dakotans reported seven-figure incomes last year, many of whom are benefiting from the state’s oil bonanza.

Figures released to The Associated Press show a record 634 people reported incomes of more than $1 million on their 2011 individual tax returns. That’s up from 532 in 2010.

Rob Port is the editor of SayAnythingBlog.com. In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters. He writes a weekly column for several North Dakota newspapers, and also serves as a policy fellow for the North Dakota Policy Council.

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  • kevindf

    How many of them pay five times more in state income taxes than federal income taxes like I do?