Bill May Remove Social Security Tax - KMOT.COM - Minot, ND - News, Weather, Sports

Bill May Remove Social Security Tax

Posted: Updated:

The Democratic candidate for tax commissioner says he wants the Legislature to pass a bill to get rid of a tax on social security.

Jason Astrup says North Dakota is one of only 13 states that currently taxes social security benefits received.

He says it would cost the state $12 million to offer the tax exclusion, and he proposes that money be taken out of the states general fund balance.

"It's a pretty cheap price to pay to help our retirees out and when you're on a fixed income, every dollar counts. Ending the tax is not a question of means it's more a question of priorities," says Tax Commisioner candidate Jason Astrup.

The general fund had $1.4 billion left in the general fund after the last session.

  • Latest NewsMore>>

  • Driver Killed by Train

    Driver Killed by Train

    Friday, August 1 2014 11:52 PM EDT2014-08-02 03:52:50 GMT
    The driver of a pickup struck by a train and killed shortly after midnight in McHenry County.The Highway Patrol says the pickup got stuck on the train tracks about 7 miles east of Granville near Highway 2, and it burst into flames when the train crashed into it.The driver never got out.
    The driver of a pickup struck by a train and killed shortly after midnight in McHenry County.The Highway Patrol says the pickup got stuck on the train tracks about 7 miles east of Granville near Highway 2, and it burst into flames when the train crashed into it.The driver never got out.
  • Businesses Surviving in North Dakota

    Businesses Surviving in North Dakota

    Friday, August 1 2014 11:49 PM EDT2014-08-02 03:49:53 GMT
    North Dakota ranks second in the nation when it comes to business survival rates.
    North Dakota ranks second in the nation when it comes to business survival rates.
  • Man Being Treated for Gunshot Wound

    Man Being Treated for Gunshot Wound

    Friday, August 1 2014 11:48 PM EDT2014-08-02 03:48:09 GMT
    Minot Police say a man is being treated at the hospital for a gunshot wound.
    Minot Police say a man is being treated at the hospital for a gunshot wound.
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KMOT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.