Last updated 9:35PM ET
September 17, 2014
Prairie Region News
Prairie Region News
ND Governor: Too early to talk about tax reform
(2007-12-03)
(Prairie Public) - Governor John Hoeven (R-ND) says he has plans in the works to continue to provide tax relief.

Hoeven says it will be based on how well North Dakota's economy does over the next 19 months.

The group "Americans for Prosperity is collecting signatures on an initiated measure to cut personal income tax in half -- and reduce corporate income taxes by 25 percent. The leader -- Duane Sand -- says the state could have a billion dollars in surplus by 2009. But Hoeven says it's too early to make that kind of prediction.

"We're four months into this biennium,"' said Hoeven. "I'd encourage a little thoughtfulness in terms of how we approach this, and recognize that we need to continue to grow, and build the revenue. We will make good decisions about tax relief, funding our priorities and making sure there's money in the bank for the future. That's what we'll do."

Hoeven says he wants to continue property tax relief, cut the income tax, and make sure there's sneough money for such things as education and human services.

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