Massive overhaul of N.D. state oil taxes provokes fight between Republicans, Democrats

April 21, 2015 10:26 AM

53 0

Massive overhaul of N.D. state oil taxes provokes fight between Republicans, Democrats

Opponents of the bill argue that the move, which would changes taxes to a flat rate, would cost the state billions of dollars in revenue.

The North Dakota House has approved a bill that would give oil companies a lower flat tax rate if oil continues its slide over concerns that the volatile market is making it hard to predict revenues.

Read more

To category page

Loading...