Say Anything Blog

Currently in North Dakota there is a petition going around supporting an initiated measure for the next ballot which would cut individual income taxes by 50% and business taxes by 15%.  “Republican” Governor John Hoeven has already come out against this tax cut.  Some of the state’s newspaper editorial boards (including the Fargo Forum) have come out against it as well, and the reaction from legislators has to this point been fairly lukewarm (to put it mildly).

Even the North Dakota Chamber of Commerce has come out against the measure (mostly because the Chamber probably doesn’t want to see the tax-funded economic development gravy train come to a halt).

But now comes news, via a survey by the National Federation of Independent Businesses (NFIB), that the overwhelming of North Dakota small business owners support the tax.

State Income Tax Cuts

Should an initiated measure to cut personal income taxes by 50 percent and corporate income taxes by 15 percent be approved?

Yes: 71%, No: 22%, Undecided: 7%

In North Dakota we spent a lot of time talking about how we can create jobs and keep people in the state.  Well, the people who actually employ people are saying they want a tax cut.  Why not give it to them so that they have more money to expand operations, open new businesses and ultimately create more jobs?