BISMARCK – Frustrations boiled over Tuesday as lawmakers scrutinizing North Dakota's angel fund tax incentive ran into information roadblocks and struggled to see how the state's economy is benefiting from the lucrative income tax credits enjoyed by angel fund investors.
"I'm extremely concerned about this. It does not smell right," said Rep. Mike Nathe, R-Bismarck.
Image: State Reps. Mike Nathe (left), R-Bismarck, and Craig Headland, R-Montpelier, listen as tax department auditor Joe Becker compares the angel fund tax credit programs in North Dakota and Minnesota on Tuesday, April 26, 2016, at the state Capitol in Bismarck, N.D. Photo by Mike Nowatzki / Forum News Service
