Tag Archives: legacy fund

Let’s Use the Legacy Fund to Lower Taxes, Not Just Grow Government

Let’s Use the Legacy Fund to Lower Taxes, Not Just Grow Government

As the legislative session in Bismarck nears its end, some lawmakers have brought back the idea of using Legacy Fund earnings – earnings, mind you, not the principal – to buy down and perhaps eventually replace state income taxes. The bill – HB1530, introduced by Rep. Craig Headland (R-Montpelier) and defeated earlier this session but

Plain Talk: If We’re Concerned About Road Safety in North Dakota Why Are We Letting Driver’s Education Programs Go Extinct?

On this episode of Plain Talk Jim Keller, a high school math teacher and driver’s education instructor from Elgin, talks about the demise of driver’s education programs in our schools. He says there’s just a half dozen or so school-based driver’s education programs left in the state thanks to budget cuts. A bill to add

Plain Talk: Is the Legacy Fund at Risk From Initiated Measures? and Some Thoughts on the Demise of the Sunday Close Law

Lawmakers in Bismarck are debating reforms, but as the law stands now North Dakota’s initiated measure process is wide open. Interests with a lot of money can pay to have their signatures collected, pay for a slick marketing campaign, and change the state’s laws. Even our state’s constitution. With billions of uncommitted dollars sitting in

Plain Talk: Congressman Armstrong Takes Listener Questions, House Passes Bill to Eliminate Income Taxes With Legacy Fund

On this episode of Plain Talk, yesterday the state House passed a bill to eliminate North Dakota’s income taxes using Legacy Fund earnings. Is it a good idea or bad? Democrats are claiming the bill will make the state more dependent on oil taxes, but is that true? Also, Congressman Kelly Armstrong answers listener questions

House Passes Bill to Use Legacy Fund to Replace the Income Tax, Democrats Incorrectly Say It Will Make State More Reliant on Oil Taxes

Not so long ago I interviewed Rep. Craig Headland for Plain Talk about his bill to use Legacy Fund earnings to replace the personal and corporate income taxes. Here’s the audio: The bill, HB1530, would transfer Legacy Fund earnings into an income tax reduction fund. Over time that fund would be used to replace income

Plain Talk: Lawmaker Makes the Case for Using Legacy Fund to Abolish North Dakota’s Income Tax

State Rep. Craig Headland, a Republican from Montpelier and Chairman of the House Committee on Finance and Taxation, has introduced legislation to use earnings from North Dakota’s multi-billion dollar Legacy Fund to eliminate the income tax. Both the personal and corporate taxes would be eliminated under his plan. Also Dr. Joanne Luger, a Bismarck-based Dentist,

Plain Talk: Does Klobuchar Have a Chance in a Democratic Party That’s Shifted So Far Left?

Minnesota Senator Amy Klobuchar launched her campaign for the Democratic party’s presidential nomination this weekend. Klobuchar styles herself as a moderate and pragmatist from flyover country. An antidote to the struggles Democrats faced in the 2016 election when it came to winning over voters in states like Wisconsin. In fact, Klobuchar has vowed to make

Plain Talk Podcast: Burgum Opposes Using Legacy Fund Earnings to Replace Income Tax, Talks About Frosty Relationship With State Lawmakers

Governor Doug Burgum was kind enough to be my guest for the first episode of my podcast, Plain Talk. I asked him about what some have described as a frosty relationship between his administration and the Legislature, and he down played it. “We’ve got 141 members in the Legislature, he told me. “The frost advisory

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