Tag Archives: oil extraction tax

Print Column: This Is Why North Dakota Democrats Can’t Win Elections

Print Column: This Is Why North Dakota Democrats Can’t Win Elections

MINOT, N.D. — Do you know what’s the worst? When some joker puts on an air of intellectual superiority and asks you if you know what the definition of insanity is, as if you’ve never heard that one before. You try not to roll your eyes as they tell you it’s “doing the same thing

John Olsrud: Does It Matter What Voters Had To Say On The Oil Extraction Tax?

In Susan Wefald’s book, Important Voices; North Dakota’s Women Elected State Officials Share Their Stories 1893-2013, she writes that when she was elected to the North Dakota Public Service Commission, she realized from the beginning that it was not her job to look after the large companies who came before the PSC, as they had

Everything You Wanted To Know About North Dakota's Tax Trigger

With oil prices in a rout, North Dakotans are obviously concerned about what impact that may have on the state’s budget. Governor Jack Dalrymple and lawmakers have increased spending aggressive in past bienniums, and have Dalrymple has charted a course for “ambitious” spending in the coming Legislative session next year, but if prices keep falling

House Raises Oil Taxes: "I've Never Had Someone Call Me To Raise Their Taxes Before"

Earlier this week the North Dakota House rejected HB1198, which would have ended certain tax exemptions for the oil industry, but offset those tax increases with a reduction in the oil extraction rate. Unfortunately, that failed, so the bill came back to the House today just the tax increases and not the rate reductions. Rep.

Legislator: "Shame" That Tribes Won't Commit To Spending Oil Tax Money On Improving Reservation

The House had a hot debate over oil taxes this evening, but it wasn’t just about a reduction in the rate for the oil extraction tax (more on that here). The primary purpose of HB1234 was to establish the state’s oil revenue sharing with the tribes. It’s appropriate that tribal governments get a share of

House Shoots Down Bill To Make Oil Tax Simplification Revenue-Neutral

In a state where revenues are running, in the current biennium, about 67% above last biennium we have no business raising taxes. But Democrats, joined by a number of Republicans, lead the charge to kill a half-cent decrease in the state’s oil extraction tax. The idea was to offset the tax increase resulting from the

Math-Challenged Democrats Call Republican Oil Tax Bill "Radical And Reckless" Based On Fraudulent Numbers

Because they apparently didn’t get a number that was shocking enough the first time they were grandstanding on this issue, North Dakota Democrats re-calculated the numbers (which in and of itself inspires no small amount of skepticism, their original figure was $596 million) and concluded that a Republican plan to restructure the state’s oil taxes

Republicans Need To Stop Letting Democrats Define Compassion In Dollars

The Fargo Forum had a review of the first half of the legislative session up this weekend, under the ridiculous headline “GOP progress is problem for Dems in North Dakota Legslature [sic]”. Glad to see the Forum casting the first half of the session in terms of what was good and not good for Democrats.

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