Tag Archives: oil tax

oil tax

Tribal Opposition To New Oil Tax Code Is Perplexing

Tribal Opposition To New Oil Tax Code Is Perplexing

News this morning is that, after state lawmakers reformed North Dakota’s obscenely byzantine oil tax into a flatter and slightly lower rate earlier this year, the leadership of the Three Affiliated Tribes on the Fort Berthold Reservation are balking at signing a new tax agreement with the state. The current agreement expires at the end

oil tax

Be Thankful North Dakota Democrats Didn't Get Their Way On Oil Tax Reform

We’re past Thanksgiving, but here’s something you can be thankful for anyway: That Democrats didn’t get their way when they emptied their rhetorical silos in furious opposition to oil tax reforms earlier this year. The Republican majority in the state Legislature pushed through reforms to the state’s oil taxes in the 2015 session which ended

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Referendum In The Works For North Dakota Oil Tax Reform?

It’s obvious that North Dakota Democrats plan to make oil tax reform passed by the Legislature earlier this year a campaign issue in 2016, but could they try and refer that issue to the ballot before them? HB1476 ended the so-called “big trigger” exemption tied to oil prices which might have eliminated the state’s extraction

Michael Filloon: Are North Dakota's Oil Taxes Too High?

North Dakota oil production taxes have seen significant debate recently.  It wasn’t the tax rate in general, but the tax trigger, which afforded oil producers a 45% tax break.  This trigger was recently replaced by a much less complicated system that varies only 2% depending on oil prices. Although the trigger was removed, it is

Video: North Dakota Senate Passes Oil Tax Reform Bill

It was a large video file to upload so it may be a couple of minutes before it appears After roughly three hours of debate, during which Senate Democrats worked to wring every possible drop of political theater out of the proceedings, the state Senate tonight passed an oil tax reform bill as amended in

Robert Harms: Oil Tax Change Is Good For North Dakota

The North Dakota Legislature is on the verge of passing monumental legislation to change the structure of North Dakota’s oil taxes by eliminating the triggers and putting the state and the industry on a more predictable and stable path. A lower permanent rate will encourage continued investment, boost production, and ultimately lead to more jobs

On Television: Do Democrats Want To Make Policy Or Make Headlines?

Do Democrats care about making good policy, or making headlines? On my television segment last night with Chris Berg on Valley News Live (watch it here) we discussed the news I broke yesterday regarding legislative Democrats and their treatment of one of their own who broke ranks on the oil tax reform bill. Senator Connie

Democrats Furious When One Of Their Own Breaks Ranks On Oil Tax Reform

UPDATE: This amendment was passed by the Senate committee on a 6-1 vote. All Republicans on the committee voted yes. The two Democrats split their votes. Dating back to the 2014 campaign season when they were making political hay about “tax cuts for big oil” (they targeted Senator Lonnie Laffen in particular) North Dakota Democrats have invested themselves

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