I look at the North Dakota total tax revenues over the 24 month biennium window for the current and past nine biennia. There are some seasonal patterns that come to light as well as some exceptional months for certain biennia (outliers?). I look at the accumulated total revenues over the biennia as well to look at the path of biennial fiscal revenues.
The legislative session will discuss many policy changes. Governor Burgum suggested a change in the ND individual income tax. I provide a look at data from about the last 20 years in this post.
Inflation has bee a hot topic the last few weeks and I expect it to continue. While inflation persists there was an observation of “record” sales tax collections. Let’s talk about this in some broader terms.
On the subject of gas prices there is a very direct action possible by government that is not getting any real attention: a temporary tax holiday.
There are some interesting aspects to the sales tax collections between Fargo and Grand Forks. Not many answers in this post, but some observations and questions.