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Housing prices should LEAP!

By: Decomposed in ROUND | Recommend this post (0)
Tue, 12 Jun 12 4:10 PM | 46 view(s)
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-- but only in North Dakota. Smart state. Real Americans. 


“When,” Ms. Beehler asked, “did we come to believe that government should get rich and we should get poor?” 


N DAKOTA VOTES TO ELIMINATE ALL PROPERTY TAX

North Dakota Considers Eliminating Property Tax

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Keith Colville, who supports the abolition of property taxes in North Dakota,
listened to a debate on the issue last month at a school auditorium in Edgeley. 
 

By MONICA DAVEY
Published: June 11, 2012

BISMARCK, N.D. — Since Californians shrank their property taxes more than three decades ago by passing Proposition 13, people around the nation have echoed their dismay over such levies, putting forth plans to even them, simplify them, cap them, slash them. In an election here on Tuesday, residents of North Dakota will consider a measure that reaches far beyond any of that — one that abolishes the property tax entirely.

“I would like to be able to know that my home, no matter what happens to my income or my life, is not going to be taken away from me because I can’t pay a tax,” said Susan Beehler, one in a group of North Dakotans who have pressed for an amendment to the state’s Constitution to end the property tax. They argue that the tax is unpredictable, inconsistent, counter to the concept of property ownership and needless in a state that, thanks in part to wildly successful oil drilling, finds itself in the rare circumstance of carrying budget reserves.

“When,” Ms. Beehler asked, “did we come to believe that government should get rich and we should get poor?”


Full story: http://www.nytimes.com/2012/06/12/us/north-dakota-voters-consider-ending-property-tax.html?_r=1&hp




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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