Economic Growth Provides Tax Relief - KFYRTV.COM - Bismarck, ND - News, Weather, Sports

Economic Growth Provides Tax Relief

Posted: Updated:

This is a good time to be living in North Dakota.

The Federal Bureau of Economic Analysis' report on 2013 shows North Dakota's rate of personal growth is three times the national average. And North Dakota's Tax Commissioner says there's another upside to that.

"You have more money flowing through the economy producing more tax revenue which can lead to the opportunity to lower taxes across the board even more, and we've done that. We've provided $2.4 million in tax relief since 2009 and a lot of that is a result of higher wages, and higher incomes," says Tax Commissioner Ryan Rauschenberger.

The analysis credits North Dakota's mining, oil and gas extraction businesses for the growth.

Most Popular

Stories
Videos
loading...
  • TOOLBOX

  • Special Feature HomeSpecial FeaturesMore>>

  • Presidential Visit

    Presidential Visit

    Ongoing coverage of President Obama's visit to North Dakota.
    Ongoing coverage of President Obama's visit to North Dakota.
  • Ask An Attorney

    Ask An Attorney

    CLICK HERE TO GO TO THE ASK AN ATTORNEY PAGE!
    CLICK HERE TO GO TO THE ASK AN ATTORNEY PAGE!
  • Mobile Apps

    Mobile Apps

    We have the best Mobile Apps.  Learn how you can download yours today.
  • Me-TV North Dakota

    Me-TV North Dakota

    NBC North Dakota News has launched a new channel -- Me-TV North Dakota!  If you love the classics, Me-TV North Dakota has them.
    NBC North Dakota News has launched a new channel -- Me-TV North Dakota!  If you love the classics, Me-TV North Dakota has them.  Me-TV North Dakota will also play a replay on the Evening and Night Report at 11:30pm Monday-Friday.  As well as, local news and weather updates throughout the day.
  • On the Farm

    On the Farm

    CLICK HERE TO GO TO THE ON THE FARM PAGE!
    CLICK HERE TO GO TO THE ON THE FARM PAGE!
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KFYR. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.