Tag Archives: extraction tax

Guest Post: Don't Fix North Dakota's Oil Tax

Guest Post: Don't Fix North Dakota's Oil Tax

It was the best of times, it was the worst of times By this, I am not suggesting extensive expertise of the oil industry nor how our state taxes it. Maybe that’s the problem? I am not sure many people understand oil taxes outside a select few who make or lobby for the rules. Those

ND Legislature Hall Of Shame Week 4: Rep. Al Carlson

This week’s Hall of Shame honoree is Rep. Al Carlson. Carlson is the sponsor of HCR3018 which would amend the state constitution to create a tuition entitlement for North Dakota students funded by the state’s Legacy Fund (which is, in turn, funded by a portion of the state’s oil extraction tax revenues). Honorable mentions for

Grand Forks Herald: Tax Cuts Are A "Libertarian Extreme"

It seems the editorial page at the Grand Forks Herald has become more and more shrill in its denunciations of limited government ideals. Though the Herald has always been to the left of the average North Dakota voter, normally the editorials can be counted to be above the sort of name-calling and invective displayed in

North Dakota Democrats: Cutting Taxes Is "Radical" And "Reckless"

Senator Dwight Cook’s proposal for reform of oil extraction taxes has created some surprising bi-partisanship in criticism. Earlier this week former Governor Ed Schafer, who campaigned for reforming the state’s oil extraction tax during the 2011 session, was critical of Senator Cook’s proposal here on SAB. Schafer didn’t like that the bill raised taxes on

Interview: Senator Dwight Cook Introduces Major Oil Tax Reforms

Today Senator Dwight Cook introduced SB2336 (not available online yet) proposing several major changes to North Dakota’s oil taxes. He took a few minutes to talk with me about the changes after a press conference with House Majority Leader Al Carlson and Senate Majority Leader Rich Wardner announcing them. Here are the specifics of the

North Dakota's Oil Tax Must Be Fixed

The Bismarck Tribune sounds a note on energy taxation and regulation that legislators ought to heed: Although the state has become comfortable with surplus revenues from oil and gas (make that expectant of surpluses), the Legislature needs to take a methodical and well-reasoned approach to any long-term financial commitments. It’s not likely oil production will

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