Heartland Institute Reacts to North Dakota Property Tax Vote
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Heartland Institute Reacts to North Dakota Property Tax Vote

Fargo : ND : USA | Jun 13, 2012 at 4:37 AM PDT
Source: PRWeb
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Voters in North Dakota on June 12 will decide whether to abolish the property tax – which would make it the only state in the union not to have such a levy. June 13, 2012

Voters in North Dakota today will decide whether to abolish the property tax – which would make it the only state in the union not to have such a levy.

The following statements from tax experts at The Heartland Institute – a free-market think tank – may be used for attribution...To book a Heartland guest on your program, please contact Tammy Nash at tnash(at)heartland(dot)org and 312/377-4000. Peter Ferrara
Senior Fellow for Entitlement and Budget Policy
The Heartland Institute
pferrara(at)heartland(dot)org
312-377-4000

“It is great to see that North Dakota has joined the growing the list of states considering eliminating taxes. With other states like Oklahoma, Missouri, and Kansas debating the elimination of income taxes this year, it is obvious that the public has had enough of the government reaching into their pockets. It is always good to see taxpayers speaking up in favor of eliminating any tax, but it would be more economically beneficial to the state to eliminate its personal or corporate income tax and restrain spending first.”

John Nothdurft
Director of Government Relations
The Heartland Institute
jnothdurft(at)heartland(dot)org
312/377-4000

“Property taxes mean property owners in effect are forever renters from the government...On the other hand, income taxes mean we in effect are slaves to government which confiscates our earnings, and income tax or some other tax likely would be raised to replace the lost property tax revenue.

“Regardless of the measure’s outcome, I hope it prompts politicians to cut the size and cost of government, which is the only effective way to reduce tax burdens.”

Steve Stanek
Research Fellow, Budget and Tax Policy
The Heartland Institute
Managing Editor
Budget & Tax News
sstanek(at)heartland(dot)org
312/377-4000

“Property taxes are noted for their stability – they allow governments to know with reliable accuracy how much they will have on hand to spend in any particular year. But there’s another way to ensure that there will be enough tax money to cover government spending: don’t spend so much. The real problem is not revenues but bloated government budgets, and the only way to halt the bloat is to cut off the money supply.”

S.T. Karnick
Director of Research
The Heartland Institute
skarnick(at)heartland(dot)org
312/377-4000

The Heartland Institute is a 28-year-old national nonprofit organization headquartered in Chicago, Illinois. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our Web site or call 312/377-4000.

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/6/prweb9600182.htm

 
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