Tag Archives: Taxes

A Payroll Tax Cut Is a Terrible Idea Without Social Security and Medicare Reform

A Payroll Tax Cut Is a Terrible Idea Without Social Security and Medicare Reform

The Trump administration is kicking around the idea of a payroll tax cut, though it’s hard to know how seriously the idea is on the scale of building a border wall to buying Greenland. “Yeah, we’re looking at various tax reductions. But I’m looking at that all the time, anyway,” President Trump told reporters earlier

Guest Post: Oil Tax Agreement Between State and Tribe Benefits All North Dakotans

This guest post was submitted by Tax Commissioner Ryan Rauschenberger, a Republican. North Dakota continues to produce oil at record levels and it is important we recognize the changes being made to help keep this industry vibrant. In the next two-year budget cycle, the Office of State Tax Commissioner will collect $5 billion in tax

Pro Athletes Facing Bigger Tax Bills Should Blame High-Tax States Not Trump’s Tax Reform

“Why pro athletes may lose a fortune because of the new tax law,” reads a headline from MarketWatch. Professional athletes aren’t the most sympathetic demographic. Even players making the minimum in their leagues are usually taking home multiples of the median household income for Americans. Still, the Trump tax cuts were promised to be tax

North Dakota Oil Production up 20 Percent Over Biennium Forecast, Tax Collections up 10 Percent

In his state of the state address this week Governor Doug Burgum warned that North Dakota isn’t out of the woods yet when it comes to the state budget. That said, a revived oil industry in the state is bringing state policymakers some good news. North Dakota lawmakers just got a report on revenues from

Popularity of Republican Tax Bill Rises Dramatically, Senator Heidi Heitkamp Hardest Hit

After Obamacare became law Democrats assured us that, as Americans became more familiar with the policy, it would become more popular. That didn’t really happen, mostly because the most visible impacts the law had on people were mostly negative. A lot of people lost their existing coverage or saw big increases in the cost of

Audio: Farm Bureau President Says Criticism of Tax Bill Is Cover for Heitkamp

In recent days there has been a lot of criticism of the Republican tax bill in Congress and its impact on the agriculture industry. In an interview with the Williston Herald North Dakota Farmer’s Union President Mark Watne suggested that the tax bill will create deficits that will, in turn, result in cuts to farm programs.

Kevin Cramer: Look to North Dakota for Inspiration on National Tax Reform

The United States is emerging from the slowest economic recovery in modern history, but you wouldn’t know it living in North Dakota. Whereas wages have stagnated across the country, the household income in our state exceeds the U.S. average by close to $4,800. Talking heads in Washington love to dismiss our state’s success as merely

Podcast: ND Tax Commissioner Says Trump Tax Plan Could Impact State Revenues

North Dakota Tax Commissioner Ryan Rauschenberger says he generally likes what he’s hearing so far when it comes to the tax reforms President Donald Trump is pursuing. “I’m supporting the effort maybe even more so than a lot of the legislation,” he told me during an interview on my radio show yesterday (info on live

Governor Doug Burgum: Make America Competitive Again Through Tax Reform

Actions taken by President Trump and his administration during his nearly eight months in office have been a wind at our back for North Dakota’s economy. Whether rolling back overreaching regulations that threatened our coal industry and our farmers’ livelihoods, providing relief for drought-stricken ranchers, or approving pipeline infrastructure that adds value to the North

Top