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Message: <blockquote data-quote="Colt45" data-source="post: 406544" data-attributes="member: 1693">I have read Rick Becker's plan, and there is nothing in the plan to eliminate "special assessments" which is exactly what you will get when there is local funding issue.Rick says "North Dakota has the potential to eliminate property taxes without raising other taxes. Our state spends $2.5 billion more than we actually need to. "The legislature is already paying for about 40% of your property tax burden with it’s buydowns by the way, and I have a hard time believing Rick when he says there would be no increase to other taxes. So according to Rick, there is 2.5 billion of overspending going on, and about 1.16 billion is needed to offset the property tax elimination. His plan is to just cut 1.16 billion out of the "overspending" that the state does.Do you really think the state legislature is going to come up with 1.16 billion dollars in spending cuts?I am all for spending cuts, but that's a big number to cut. I just don't want to end up paying more in taxes then I am now, that's why I am hesitant to just eliminate the property tax and am more on property tax reform which would cap your tax liability based on the purchase price of your property, that would be a static tax by law that never changes as long as you own the property.This would give everyone some relief and eliminate any property tax increase in the future. This would also reduce the 1.16 billion shortfall to some number that would be more manageable, I dont know what that number is but hopefully whatever it is  it could come in the form of spending cuts.That's just my take, I don't like taxes either but I don't want a dysfunctional tax system to become even more dysfunctional.</blockquote>

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