The Pros and Cons of the Local Property Tax

Task force considering fundamental tax shift to reduce homeowner burden

Members of a task force aiming to reduce the property tax burden for South Dakota homeowners are considering proposals to reduce or replace property taxes by relying on sales or transaction taxes.

From property to purchases: Task force considering fundamental tax shift to reduce homeowner burden

Members of a task force aiming to reduce the property tax burden for South Dakota homeowners are considering proposals to reduce or replace property taxes by relying on sales or transaction taxes. The task force dug into two proposals and heard a new idea from a former lawmaker at its latest meeting in Rapid City earlier this month. The Legislative Research Council also prepared other options to reduce or replace property taxes. “It takes a lot …

The pros and cons of the local property tax

With many house owners facing higher property tax bills, a look at the advantages and disadvantages of the tax introduced in 2013

Backers push $1.50 flat tax to replace SD's local property taxes

By Todd Epp (Northern Plains News) and Scott Sundberg (Hub City Radio)Photo by Tierra Mallorca on UnsplashA group wants to kill property taxes in South Dakota.They’ve filed a proposed constitutional amendment with the state Attorney General’s Office.Former State Senator Julie Frye-Mueller, one of the measure’s backers, said the proposal would fund county governments through a flat transaction tax applied to most goods and services.