Skip to content

Senator Ryan Taylor Releases Plan for Meaningful Property Tax Relief

Fargo, N.D. – State Senator Ryan Taylor, Candidate for Governor, announced today his plan for meaningful property tax relief for North residents.

“I think that no matter what side of the aisle you fall on or what your political beliefs are, we can all agree that property taxes in North Dakota are burdensomely high for our state’s residents. The issue of paying a property tax that can increase while your income might decrease is hard for a lot of our citizens to stomach,” Senator Taylor stated during a press conference today in Fargo.

“People are concerned and this concern has led to public outcries for meaningful property tax relief.  Unfortunately, those cries have gone unanswered by both the Republican legislature and the Governor.” Taylor continued. 

Taylor’s plan calls for relief through three components – residential property tax reduction, a renter’s credit, and an agricultural property tax credit for farms.   

“This plan uses existing, proven mechanisms, like the homestead tax credit, that are simple and understandable.  As Governor, I would push for a reduction of $100,000 of the true and full valuation of a person’s primary residence, with the same reduction applied to farm property.  It’s also important that we get renters some relief as well, which is why my plan proposes a renters income tax credit that is 15 percent of an individual’s annual rent with a maximum credit of $900 for a year.”

“If you make your home here in North Dakota, it will be a priority in a Taylor administration to get you the relief you need.  We will take care of our own. This relief would be paid for with funds from our state’s surplus, ensuring that we do not diminish political subdivision property revenues. This would make certain that our local communities are still receiving the benefits that they pay for when they pay their property taxes and not sacrificing the excellent local services we have come to expect, or the local control we take great pride in.”

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: