KBHB BIG 81
LISTEN LIVE
-
KBHB ON DEMAND
facebook

Online Sales Taxes

Online Sales Taxes

Ballot measure planned if lawmakers don't fulfill tax cuts


The Associated Press - December 11, 2018

SIOUX FALLS, S.D. - A South Dakota conservative group plans to push lawmakers to fulfill a law calling for tax cuts after the state's Supreme Court victory clearing the way for new online sales tax revenues.

But Americans for Prosperity-South Dakota has a backup plan if officials don't deliver: let voters decide in 2020.

The move comes amid ambiguity in a law requiring a 2016 sales tax hike be scaled back for every $20 million in revenues from out-of-state retailers. The state began collections Nov. 1, but officials believe new legislation is required for the tax reductions to occur.

Americans for Prosperity is proposing a ballot question to simply phase in a half-cent sales tax cut over five years. State Director Don Haggar says the group wants lawmakers to pass the rate cuts, but the ballot question is a "fallback."



kbhbradio.com
Phone number: 605-347-4455
E-mail: [email protected]
Address: 1612 Junction Avenue, Suite #1
Sturgis, SD 57785
  BIG 81 ON FACEBOOK
  WEATHER
  MARKET NEWS
.