County sales tax idea moves ahead as effort to prolong statewide sales tax reduction fails • South Dakota Searchlight
A proposal to let counties reduce homeowner property taxes by charging a sales tax advanced Wednesday at the South Dakota Capitol in Pierre, while an effort to maintain a lower statewide sales tax rate failed.
The county sales tax plan is from Republican Gov. Larry Rhoden. It would let counties levy up to a half-percent sales tax and use the money to offset the county’s portion of property taxes on owner-occupied homes, in the form of credits to property owners.
The Senate Taxation Committee vot...
The county sales tax plan is from Republican Gov. Larry Rhoden. It would let counties levy up to a half-percent sales tax and use the money to offset the county’s portion of property taxes on owner-occupied homes, in the form of credits to property owners.
The Senate Taxation Committee vot...