Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: thackney

Is it safe to assume that 800 million has been collected by the state in taxes since the boom began? Would this not be money that IF not for the companies and people doing this work and SPENDING for the essentials of existing the demand and MORE employment would not be there? I have been to North Dakota and I really enjoyed the visit, alot of very , very nice people . So the 800 million is (I hope) taxes collected because of the oil and the things needed to obtain it..sales tax etc.... with all of this work available and then construction ...medical....everything we do to make life nice will put even MORE money into the states general fund would it not ?...am I mistaken ?


17 posted on 09/19/2014 6:33:25 AM PDT by mythenjoseph (Seperation of powers)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: mythenjoseph

ND has a rainy day type fund off a revenue of oil but can’t touch it until 2017..


24 posted on 09/19/2014 7:29:32 AM PDT by scbison
[ Post Reply | Private Reply | To 17 | View Replies ]

To: mythenjoseph
Is it safe to assume that 800 million has been collected by the state in taxes since the boom began?

Multiples of that, actually.

37 posted on 09/19/2014 9:56:27 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
[ Post Reply | Private Reply | To 17 | View Replies ]

To: mythenjoseph

ND oil tax revenue is currently running at 3.75 billion per year and climbing.

“North Dakota oil tax gusher continues”
http://bismarcktribune.com/bakken/north-dakota-oil-tax-gusher-continues/article_e47dbc40-4020-11e4-a0cf-bbd0b7657a73.html


56 posted on 09/19/2014 11:23:25 PM PDT by dynoman (Objectivity is the essence of intelligence. - Marylin vos Savant)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson