Local

Bankers Lobby For Tax Changes

Photo: clipart.com

Bankers Lobby For Tax Changes

Members of the South Dakota Bankers Association are launching a public campaign to help increase awareness about tax inequities for credit unions and the Farm Credit System, and to draw attention to lost local revenue opportunities resulting from archaic pieces of the federal tax code.

SDBA President Curt Everson says their goal is to help convince Congress to remove outdated and costly tax exemptions that credit unions and Farm Service offices have enjoyed for generations…

Everson says a tax review is long overdue…

Everson says some of the tax exemptions have outlived their purpose…

Everson says favorable treatment given to credit unions and Farm Credit offices threatens the long-term economic foundation of communities in South Dakota, particularly in small towns in rural areas

The Bankers Association will hold news conferences to highlight the issue today (Wednesday) in Sioux Falls, and tomorrow in Pierre and Rapid City.

Recent Headlines

in Local Sports

South Dakota Big Schools Collide

Fresh
football3

South Dakota's class 11AAA and 11AA high school football teams saw first round playoff action Thursday night.

in Local Sports

Nebraska Playoffs Begin

Fresh
football helmet

Nebraska high school football began playoffs in two classes Thursday, and the remaining classes open post season play on Friday.

in Local Sports

Timberwolves Gain First Win

Fresh
BasketballClose

Thaddeus Young scored 19 points and hit a big 3-pointer with 90 seconds to play to lift the Minnesota Timberwolves to a 97-91 victory over the Detroit Pistons on Thursday night.

in Local

Wagner Man Arrested in Charles Mix County

turner

Russell Turner, 40, of Dante has been arrested in connection with an incident in Charles Mix County that resulted in an officer firing shots into a vehicle.

in National

Thomas Menino, Boston’s longest-serving mayor, dead at 71

menino

The longest-serving mayor in Boston history who led the city after the 2013 marathon bombing, has died.