Local

Bankers Push For Tax Changes

Photo: clipart.com

Bankers Push For Tax Changes

Bankers across South Dakota will continue meeting with local governments, presenting their case for tax reform that would increase taxes paid by credit unions and the Farm Credit System. While those changes are needed at the federal level, Congress so far has not been eager to take on those modifications.

Curt Everson,  President of the South Dakota Bankers Association, says many long running tax breaks may not be needed anymore…

 

Everson says they will continue to tell their story…

 

Both credit unions and the Farm Credit System have answered the bankers, saying their mission is different than banks, and they pay the appropriate taxes.

Everson says while Congress may not be ready now to take on the tax challenge, they want to have their case ready if the climate changes…

Recent Headlines

in National, World

Netanyahu says Iran is threat to Israel, world

netanyahuspeech

The Israeli Prime Minister called for action over Iran's nuclear program.

in National

Supreme Court set to hear second major Obamacare challenge

obamacare

The court will consider a conservative challenge to tax subsidies critical to the measure's implementation.

in Agriculture

SD Property Tax Bill Killed

DSC_0001

Last week the South Dakota legislature shot down a measure that would have funded and allowed a summer study committee…

in Local

Financial Report Released

money pile

The South Dakota Bureau of Finance and Management has released the states comprehensive annual financial report for fiscal year 2014.

in Local

Wait On For Revenue Numbers

South Dakota Capitol

South Dakota lawmakers are back in Pierre today (Tuesday) to start the last nine days of the main run of the 2015 session.