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North Dakota millionaires numbers continue to climb

January 22, 2014 in Uncategorized

FARGO — North Dakota has made impressive gains in climbing up the ladder of millionaires per capita.
A new report shows North Dakota jumped 14 slots — the biggest rise of any state — in the rankings for 2013 by Phoenix Marketing International….continue reading on thedickinsonpress.com

Loud echo could be cast on 2012 race by Romney’s tax returns, finances

January 24, 2012 in Grand Forks Herald

How the details of Mitt Romney’s extensive wealth will play among Republican taxpayers, rival campaigns, the media and the American public only started to emerge today, as more than 500 pages from a 2010 tax return and a 2011 estimate spilled out both significant and minor revelations about Romney’s scattered holdings, tax strategies and charitable donations. Continue Reading

Million-dollar philantropic donations leap

January 24, 2012 in Grand Forks Herald

The nation’s super-rich opened their wallets wider last year, when the number of $1 million-plus donations nationwide nearly doubled over 2010. Continue Reading

Millionaires flood Capitol Hill urging Congress to raise their taxes

November 16, 2011 in Grand Forks Herald

Lobbyists for a day, a band of millionaires stormed Capitol Hill today to urge Congress to tax them more.They had a little trouble getting in. It turns out there are procedures, even for the really rich. But once inside, their message was embraced by liberals and tolerated by some conservatives including the ideological leader of anti-tax lawmakers, who had some advice for them, too.
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Newest Wall Street protests target New York City millionaires

October 11, 2011 in Grand Forks Herald

The national Occupy Wall Street movement has been heating up again resulting in about 50 arrests in Boston early today and plans for a Manhattan “Millionaires March” to the homes of some of New York City’s wealthiest residents. Continue Reading

Sen. Johnson favors ‘millionaire surtax,’ not tax hikes in bill

October 6, 2011 in The Daily Republic

The tax increases in President Obama’s jobs bill are a deal-breaker for Sen. Tim Johnson, D-S.D. Johnson told reporters Wednesday that he won’t vote for the president’s jobs package as it is, but he would vote for a plan devised by Senate Democrats that includes a “millionaire surtax.”
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FACT CHECK: Are wealthy taxed less than secretaries?

September 20, 2011 in Grand Forks Herald

President Barack Obama makes it sound as if there are millionaires all over America paying taxes at lower rates than their secretaries. There may be individual millionaires who pay taxes at rates lower than middle-income workers – Warren Buffett (pictured) recently said that’s the case for him – but, on average, the data tell a different story. Continue Reading

SHUTDOWN IN MINNESOTA: 7,700 Minnesota millionaires at center of debate

July 8, 2011 in Grand Forks Herald

Gov. Mark Dayton wants these 7,700 people making more than $1 million a year to pay higher income taxes, either permanently or as a two-year surcharge. Republican legislative leaders have said no, and some of the state’s top earners said in interviews this week that the “tax the rich” plan rings hollow to them. Continue Reading

Minnesota nonprofits hope to tap into next-door wealth

February 12, 2011 in Grand Forks Herald

A first-of-its-kind study indicates there may be more millionaires next door than we think. An estimated $48 billion will transfer from Minnesota’s elderly to the next generation in the coming 20 years, according to the new “Minnesota Generational Transfer of Wealth Study” sponsored by several state foundations. Continue Reading

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North Dakota boasts 40 ‘ultra-millionaires’

December 20, 2010 in INFORUM

If North Dakota’s biggest millionaires wanted to gamble with their peers, they’d have a hard time getting a seat at the high-stakes table of ultra-high-net-worth millionaires in the country. Continue Reading