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SDBA President Curt Everson says their goal is to help convince Congress to remove outdated and costly tax exemptions that credit unions and Farm Service offices have enjoyed for generations…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

No Special Session for South Dakota Education

Dennis Daugaard 60914

The call for a special session of the South Dakota legislature has failed.

in National

Making headlines this week

AP_272074667250

A look back at some of the week's biggest headlines and the stories you may have missed.

in Local

Governor Addresses Camp for Gifted Students

gov

South Dakota Governor Dennis Daugaard told students at the wrap up of the “Governors Camp” at USD in Vermillion today that their future is bright, but they have to make good choices.

in Agriculture

Wheat Quality Tour Shows Bumper Yields

Wheat Field

The Wheat Quality Council’s Spring Wheat Tour wrapped up yesterday afternoon and the results indicated the Dakotas could be looking…

in Agriculture

Iowa Senator Calls for Review of JBS Acquisition

pork chop 1

Iowa Senator Chuck Grassley wants the U.S. Justice Department’s Anti Trust Division to review the proposed acquisition by JBS of Cargill Pork.