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Tax Benefits Hard to Predict for South Dakota Businesses

Tax Benefits Hard to Predict for South Dakota Businesses

Photo: WNAX


The tax reform bill making its way through Congress is focused on cutting taxes for businesses, with the aim that those benefits will pass through to workers.

Dave Owen, President of the South Dakota Chamber of Commerce and Industry, says changes intended for corporations may not have the same impact here……

Senator John Thune has said the tax bill will result in twenty-seven hundred new jobs in the state. Owen says most of his members have many open jobs now……

Owen says companies that see tax savings will probably pass some of that to their employees….

Both Thune and Congresswoman Kristi Noem have been named to the House – Senate tax conference committee.

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