Tag Archives: Taxes

Applause broke out in a room filled with officials representing state and tribal governments as Gov. Doug Burgum, left, and Mandan, Hidatsa and Arikara Nation Chairman Mark Fox hold copies of a compact both signed on Thursday afternoon, Feb. 28, in the state Capitol in Bismarck. The compact maintains the current tax rate on oil and gas production and extraction within the Fort Berthold Reservation, while changing how the state and tribe share tax revenue from new oil and gas activity on trust and fee lands. Tom Stromme / Bismarck Tribune

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

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

The New York Yankees’ Giancarlo Stanton strikes out in the 9th inning of Game 4 of the American League Divisional Series, in New York, Oct. 8, 2018. (Ben Solomon/Copyright 2018 The New York Times)

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

Crews work at an oil well site near Williston, N.D., on Wednesday, Oct. 12, 2016. Amy Dalrymple/Forum News Service

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

Senator Heidi Heitkamp (Jesse Trelstad/Grand Forks Herald)

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

Daryl Lies, North Dakota Farm Bureau president Mikkel Pates / Forum News Service

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.

North Dakota Tax Commissioner Ryan Rauschenberger announces his campaign for the Republican Party’s nomination for North Dakota Tax Commissioner office on Wednesday, Feb.5, 2014, at the Fargo Holiday Inn. David Samson / The Forum

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

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