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<blockquote data-quote="Davey Crockett" data-source="post: 374871" data-attributes="member: 367"><p>“Property taxes have gone up, like, 600% on the lake cabin in 20 years. Obviously, the property isn’t worth 600% more than we paid for it,” said Patrick Sanders of Bismarck.</p><p> That’s why former state representative Rick Becker is hoping to do something about it.</p><p> </p><p>“We are looking at putting a measure on the ballot in 2024 that will eliminate all property taxes. That’s number one; number two, it would require the legislature to replace what was generated in property tax revenue by all the cities and counties,” said Becker." </p><p></p><p></p><p> Copy and paste from news article, This has probably been mentioned but can you imagine how much land value would go up and how attractive ND would be for out of state people to move here ? Or that the biggest farmers who have more money and land than they already know what do do with will gobble up every acre they can find and then be forced to keep buying more to offset income tax. There are a lot of long term possibilities to consider here besides the property taxes that us small operators and owner will save. This bright idea has the potential to turn into a disaster.</p></blockquote><p></p>
[QUOTE="Davey Crockett, post: 374871, member: 367"] “Property taxes have gone up, like, 600% on the lake cabin in 20 years. Obviously, the property isn’t worth 600% more than we paid for it,” said Patrick Sanders of Bismarck. That’s why former state representative Rick Becker is hoping to do something about it. “We are looking at putting a measure on the ballot in 2024 that will eliminate all property taxes. That’s number one; number two, it would require the legislature to replace what was generated in property tax revenue by all the cities and counties,” said Becker." Copy and paste from news article, This has probably been mentioned but can you imagine how much land value would go up and how attractive ND would be for out of state people to move here ? Or that the biggest farmers who have more money and land than they already know what do do with will gobble up every acre they can find and then be forced to keep buying more to offset income tax. There are a lot of long term possibilities to consider here besides the property taxes that us small operators and owner will save. This bright idea has the potential to turn into a disaster. [/QUOTE]
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