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North Dakota to Vote on Eliminating Property Taxes
News September 04, 2024 at 02:49 PM
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What You Need To Know
- A constitutional initiative on North Dakota's November ballot would prohibit all tax on real or personal property based on assessed value.
- The repeal would cost about $1.3 billion a year, according to a preliminary estimate.
- The ballot measure would undermine the state's economic competitiveness, according to the Tax Foundation.
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