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While South Dakota will avoid the worst of an expected nationwide recession, slowing sales tax growth and a potential tax cut could make the annual budget surplus nearly disappear by 2026.
While South Dakota will avoid the worst of an expected nationwide recession, slowing sales tax growth and a potential tax cut could make the annual budget surplus nearly disappear by 2026.
While South Dakota will avoid the worst of an expected nationwide recession, slowing sales tax growth and a potential tax cut could make the annual budget surplus nearly disappear by 2026.
Most lawmakers agree with Gov. Kristi Noem on her contention that record — and growing — surpluses allow the state to give dollars back to taxpayers. Exactly how to do that is up for debate.
Most lawmakers agree with Gov. Kristi Noem on her contention that record — and growing — surpluses allow the state to give dollars back to taxpayers. Exactly how to do that is up for debate.