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SD Sales Tax Rise Fueled by Federal Spending

SD Sales Tax Rise Fueled by Federal Spending

Senator Reynold Nesiba Photo: WNAX


The South Dakota Revenue Department reports that state sales taxes in September were up about eight percent over last year and up thirty six million dollars over the estimate for the first quarter of the fiscal year.
Senator Reynold Nesiba of Sioux Falls says the state is seeing the results of lots of federal spending…

Nesiba, a member of the Joint Committee on Appropriations, says chances of another round of federal stimulus look slim…

Legislators, in a special session, approved setting aside up to four hundred million dollars to help small businesses.
Nesiba says he is hearing of some problems applying for those funds…

More information on the business grant program is available on the state website at covid dot sd dot gov.

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