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North Dakota Considers Eliminating Property Tax
New York Times reports that in an election today residents of North Dakota will consider a measure that abolishes the property tax entirely.

(New York Times) Still, even if the measure here fails on Tuesday, the notion is picking up steam in some Republican circles in other states, including North Carolina, Texas and Pennsylvania.    

In a way, North Dakota, though 48th in population among the states, was a logical place for such a movement to brew. While the state’s property tax collections per capita generally fall near the middle among states, the surge in oil production over the past five years, mainly in the western portion of the state, has seen its effects ripple through other parts of life here. The state’s coffers are full, overflowing even.  Read more. http://www.nytimes.com/2012/06/12/us/north-dakota-voters-consider-ending-property-tax.html?hp

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