North Dakota voters will decide this fall whether to eliminate property taxes in what would be a first for a state and a major change that officials initially estimate would require more than $1 billion every year in replacement revenue.
Secretary of State Michael Howe’s office said Friday that backers submitted more than enough signatures to qualify the constitutional initiative for the November general election. Voters rejected a similar measure in 2012.
Property taxes are the base funding for numerous local government services, including sewers, water, roads, jails, deputies, school building construction and teacher salaries — “pretty much the most basic of government,” said North Dakota Association of Counties Executive Director Aaron Birst.
Ok, I’ll bite.
How is a state meant to keep up with inflation if property taxes don’t increase to compensate?
And do you mean to say that property taxes on a mansion situated on several acres should incur the same flat rate as a 1000 square foot home on a quarter acre?
The increase should be capped at inflation. Currently mine go up 10% every year. I pay more in tax than I ever paid in rent. I’ll have to buy a tent in another decade at this rate.
And where are you?