posted by DaveOfDuke on 1 months ago
I'm thinking that the 10 things from the earlier posts helps north dakota out and with low
crime since its gets cold out there..Everyone is pretty happy.Got to be a loser to commit
a crime with a low tax rate state.The 160 certified organic farms in the state probably
helps lower the taxes overall.
Anyways...Like some states needs to be business savvy in terms of making revenues happen
and everything else is paid for thus lower tax rates.One example off the coast of
California there is offshore drilling spoiling the view for some folks living off the
coast.But The folks who live in the same area don't get any benefits from having offshore
drilling in their backyard.
Sort of like Kuwait...We know they have lots of oil so everyone there have free health
care and work 4 hours workdays.Oil pays for most of their things.
United States has alot of resources but it would be better to go state-by-state's natural
resources and benefit from them.
posted by Doc Stock on 1 months ago
I have a couple of patients from ND. They used to own a trucking business there. One of
the family members is still there. Owns a very large farm. They say it is pretty nice
there but you better like cold weather. What do you think would happen if the entire
country adopted this type of tax structure
Last edited on: 09-28-2009 10:34 pm
posted by DaveOfDuke on 1 months ago
Doc-It's North Dakota,Pretty low taxes which is why some folks are doing good. More news.
For single taxpayers:
-- 2.1 percent on the first $32,550 of taxable income
-- 3.92 percent on taxable income between $32,551 and $78,850
-- 4.34 percent on taxable income between $78,851 and $164,550
-- 5.04 percent on taxable income between $164,551 and $357,700
-- 5.54 percent on taxable income of $357,701 and above.
For married persons filing joint returns:
-- 2.1 percent on the first $54,400 of taxable income
-- 3.92 percent on taxable income between 54,401 and $131,450
-- 4.34 percent on taxable income between $131,451 and $200,400
-- 5.04 percent on taxable income between $200,400 and $357,700
-- 5.54 percent on taxable income of $357,701 and above.
North Dakota's sales tax rate is 5 percent.There is no inheritance tax.
This is the same sort of the news when I went into IRE-AIB Bank of Ireland-Allied Irish
Banks in May 2009.Still holding them.Just low taxes.
posted by Doc Stock on 1 months ago
Dave are you comparing North and South or is that a typo? Regardless the main factor in my
opinion is the lowering of taxes. Just too bad Washington doesn't get that little tidbit.
Last edited on: 09-28-2009 09:18 pm
posted by DaveOfDuke on 1 months ago
FGP pays 10% yield with $2.00 back inside pockets every year.It's at $19.80 and seems to
be hitting its value around $24.00..Seems it has been paying .50 cents per quarter for
over 15 years.
Nice!!
It serves approximately one million residential, industrial/commercial, portable tank
exchange, agricultural, wholesale and other customers in all 50 states, the District of
Columbia and Puerto Rico. Its operations primarily include the distribution and sale of
propane and related equipment and supplies with concentrations in the Midwest, Southeast,
Southwest and Northwest regions of the United States.
posted by DaveOfDuke on 1 months ago
The following companies are connected to North Dakota:
MDU Resources Group Inc.(MDU)is a distributor of electricity and natural gas,and is also
involved in the construction services segment in Montana, North Dakota,South Dakota and
Wyoming.Yield is 3.03%
Investors Real Estate Trust(IRET)is an investment trust focused in real estate properties
that generate income in the United States.Yield is 7.22%
EOG Resources,Inc.(EOG),the oil and gas company,although not based in North Dakota,has
successfully drilled in the Bakken Formation in North Dakota, where they own approximately
320,000 net acres.Yield is 0.72%
Titan Machinery, Inc.(TITN)runs agricultural stores in North America.It is also a retailer
of construction equipment.
Continental Resources Inc.(CLR),although not based in North Dakota, is an oil and natural
gas explorer and developer which is the largest land leaseholder in the North Dakota part
of the Bakken shale.
The last two..no yield as of yet.
Last edited on: 09-28-2009 08:18 pm
posted by DaveOfDuke on 1 months ago
I heard most folks in South Dakota are doing very well in these trying times.Long lines in
stores,coffee shops and movies.So here goes a list of why:
1.It ranks number one nationally for its potential to produce wind power.
2.The state also produces biofuels like ethanol and biodiesel.There are more than 160
certified organic farms in the state.
3.North Dakota lowered its corporate income tax beginning January 1, 2007.
4.North Dakota corporate taxable income percentages vary from 2.6 to 6.5%.
5.The state individual income tax varies from 2.1% to 5.5%.
6.North Dakota allows a corporate tax exemption of up to five years for new or expanding
technology based businesses.
7.North Dakota is one of the safest states in the country.
8.North Dakota produces about 2.7% of the total U.S. oil production.
9.The state population is only 635,867.
10.North Dakota produced approximately 45 million barrels of oil in 2007.
posted by DaveOfDuke on 1 months ago
I posted this I think 2 months ago about Julian Robertson "Betting" the farm on
treasuries.
http://seekingalpha.com/article/141286-julian-robertson-bets-the-farm-on-inflation?source=
article_sb_popular
At the same time I Started to listen to the song "Eye of the Tiger" on Youtube then Julian
appeared on CNBC for a interview. Talk about Coincidence!! He's the guy behind the Tiger
management hedge fund.
Eye of the Tiger video:
http://www.youtube.com/watch?v=uPg-CjUGkcM
posted by DaveOfDuke on 1 months ago
Saw a rumor that sanitizers and cleaning products have increased in use (profits) since
the H1n1 flu virus.
PG,CLX
Seems to be nice trades.I added PG in my paper-trading Motley's Fools portfolio.
A Spec play.
Same sector but with oil cleanup,kitty litter products ZEP,ODC
ODC seems to be waiting for a breakout.
It caught my eye :-)
posted by DaveOfDuke on 1 months ago
I posted this on 07-23-2009 12:20 am.
"Seen a bunch of stocks getting secondary buying with Hugh volumes..today all were
down...One stock I've been watching based on strength for the last 2 months is MICC
Good for a trade or
two.Like a out-performing stock..it always outperforms the DOW.
TEF makes more in its sector but MICC has 80% Strength compared to TEF
64% as of today".
--------------------------------
Now as of today 9-23-2009....MICC is at 64% $77.59 Strength in its sector while TEF is at
74% Strength and at $84.03
We got a role reversal!!
TEF seems to be on a tear.Only CTEL Is on the top while TEF is 3rd on the strength sector
list.










