House Finance And Taxation Committee Considering Property Tax Limits
Today the House Finance and Taxation Committee down at the North Dakota legislature heard testimony on HB 1422 and HB 1558, both versions of the same idea: Capping local property taxes.
Now the committee will be considering these bills. Should the committee pass give these bills an up or down vote? Personally, I’m thinking they should both get a down vote.
Capping local property taxes sounds like about as good of an idea as Obama capping executive pay for companies getting bailouts. Both the executives of those companies and the local political officials have asked for bailouts. The executives asked the federal government. The local political officials are asking the state for a bailout. The executives got what they wanted, but now they’re getting what they didn’t want. Which is Obama capping their pay. The local political officials are in the same boat. They may get a big, fat bailout of their out-of-control spending from the state government. But they may well lose some of their ability to control local taxes.
Which is what I have a problem with.
I opposed regulating the pay of the executives. It wasn’t right that they got bailouts, but it isn’t right for the government to dictate compensation levels to the private sector either. Two wrongs don’t make a right. And the same goes for the property tax situation. It’s not right to bailout local spending with state money, but it’s not right to take away local control either.
I would just as soon not see any cap on property taxes even if we pass some sort of state bailout for local property taxes. But I’d also rather not see that state bailout happen either.
Here are the committee members and their email addresses. Let them know what you think.
Wesley R. Belter – Chairman – wbelter@nd.gov
David Drovdal – Vice Chairman – ddrovdal@nd.gov
Mike Brandenburg – mbrandenburg@nd.gov
Rod Froelich – rfroelich@nd.gov
Glen Froseth – gfroseth@nd.gov
Bette B. Grande – bgrande@nd.gov
Craig Headland – cheadland@nd.gov
Scot Kelsh – skelsh@nd.gov
Louis Pinkerton – lpinkerton@nd.gov
Arlo Schmidt – arschmidt@nd.gov
Dave Weiler – dweiler@nd.gov
Lonny Winrich – lbwinrich@nd.gov
Dwight Wrangham – dwrangham@nd.gov



