Posted at Hartmann Report on Oct. 22, 2024
Property Taxes Under Fire: North Dakota’s Radical Plan to End Them
Is this the beginning of the end for property taxes? One state could change the game…
North Dakota may shake this country up in two weeks by ending one of the oldest taxes in America. Here's the backstory and what it may mean to all of us.
When I was 14 years old I bought a single-house-lot of raw land outside of White Cloud, Michigan for, as I recall, $25. The area had been a small town in the 19th century but had vanished, turned into a scrub field surrounded by forest, by the early 20th century; locals told me they weren't sure if the town had burned to the ground or was washed away in a flood (the land overlooked a creek).
I was able to buy that lot for such a low price because the county had put it up for auction after the previous owner failed to pay their property taxes. I was the only bidder, so I got it at the initial bid price. For two decades I paid the property tax on it (typically around $20/year), until a local resident offered me $500 for it, and I sold it.
The point of this story is that, unless you're a church or other nonprofit, it's not possible to actually own land in the United States. Every state, county, and municipality in the country lays first claim to all of the land within its jurisdiction, and we merely rent the land under our homes; that rent is called property tax.