Published January 22, 2013, 07:44 AM
Lawmaker proposes to suspend N.D. income tax
Residents of oil-rich North Dakota should get a break from paying state income tax this year and next, a Minot lawmaker argued Monday, noting the state already has more than $1 billion budget surplus. Republican Rep. Scott Louser told the House Finance and Tax Committee that his plan is an attempt to decrease the tax burden on people living in the state with the nation’s lowest unemployment rate. The measure would apply to individuals, estates and trusts across North Dakota.By: By James MacPherson, Associated Press, The Jamestown Sun
