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SD Legislators Looking at Sales Tax Exemptions

SD Legislators Looking at Sales Tax Exemptions

Photo: WNAX


As South Dakota lawmakers look for dollars to fund higher teacher pay this year, many are turning to sales tax exemptions.
Representative Mike Stevens of Yankton says one study found just over a billion dollars in current sales tax exemptions….

Stevens says legislators should at least take a look at the exemptions, and see how many still make sense….

Many of the exemptions are on the sale of Ag related products and services. Many legislators see the exemptions as a possible fall back position from a half cent sales tax increase the governor has proposed.

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