Tax Bills Center Stage at Legislature
KXMC CBS Bismarck North
Feb. 17, 2009. 08:38 AM EST
Legislators also voted on several ways to give part of the state surplus back to you. As andamp;... More »
Legislators also voted on several ways to give part of the state surplus back to you. As andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/donnell-preskeyandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Donnell Preskeyandamp;lt;/aandamp;gt; reports, one bill that was OK'd would get money into your hands by summer. You get this many people thinking about giving tax relief and many ideas are going to come up. House members give a plan by one of their own the thumbs up but a similar bill proposed by andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/john-hoevenandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Governor Hoevenandamp;lt;/aandamp;gt; is defeated. (Rep. Dave Weiler / (R) andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/bismarck-ndandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Bismarckandamp;lt;/aandamp;gt;) andamp;quot;It was a tough decissionandamp;quot; The successful income tax relief bill gives $100 million dollars to taxpayers this year. (Rep. andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/rick-bergandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Rick Bergandamp;lt;/aandamp;gt; / (R) andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/fargo-ndandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Fargoandamp;lt;/aandamp;gt;) andamp;quot;Get this money back into peoples hands as soon as possible.andamp;quot; But opponents question why give back in the form of income tax relief... (Rep. Lonny Winrich / (D) andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/grand-forks-ndandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Grand Forksandamp;lt;/aandamp;gt;) andamp;quot;didn't we have this in the election - they said we don't have to fix income taxes that's not broken.andamp;quot; (Rep. Scott Kelsh / (D) Fargo) andamp;quot;70/30 margin rejected aren't worried about paying income tax - but property and andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/sales-tax-ndandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;sales taxandamp;lt;/aandamp;gt; relif - redirect this 100 million into something like that.andamp;quot; (Rep. Berg) andamp;quot;I heard people say we don't want intiated measure to decide income tax - want leg.andamp;quot; (Rep. Dave Drovdal / (R) Aregard) andamp;quot;not everyone got andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/property-taxandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;property taxandamp;lt;/aandamp;gt; rebate - they are going to share on the wealth.andamp;quot; The bill also cuts income tax rates by 13% across the board. (Rep. Eliot Glassheim / (D) Grand Forks) andamp;quot;through session we'll figure out how to give back income tax but don't change the rates.andamp;quot; Representative andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/al-carlsonandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;Al Carlsonandamp;lt;/aandamp;gt; says the money came out of andamp;lt;a href=andamp;quot;http://www.kxnet.com/t/north-dakotaandamp;quot; class=andamp;quot;kxInlineLinkandamp;quot;andamp;gt;North Dakotaandamp;lt;/aandamp;gt;n's pockets and they deserve it back... Plus he says this is one more way to stimulate the economy... (Rep. Al Carlson / (R) Fargo) andamp;quot;only right and proper to give back to the people what is rightfully theirs - they'll spend? economy grows when have money back.andamp;quot; If the senate also approves the bill you'll get about a third of what you paid in 2007 income taxes back by July. The bill passed by a vote of 53 to 40 and now goes on to the Senate. « Less
Business, Economy, Government & Politics, Municipality, Personal Finance, Taxes
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