Toby Doeden’s plan to eliminate property taxes – tax the bejeebus out of tourism and trusts
In an interview with South Dakota Searchlight, as we approach the end of the primary election cycle, Gubernatorial wannabee Toby Doeden seems to have opened up on his ridiculous campaign promise on how he’s going to eliminate property taxes in South Dakota. Or at least claims to.
He’s going to tax the hell out of the trust and financial industry in South Dakota, and hold tourists upside down to empty their pockets with new taxes. But don’t take my word for it, here’s what Doeden had to say:
O’BRIEN: You’ve been on this platform of eliminating property taxes in the state. How exactly do you plan to do that? Do you have kind of a step by step, what is that process going to look like then, for your administration?
DOEDEN: Absolutely, it’s actually quite rudimentary and very simple, old school money management, which the Republican Party used to have as their platform. It seems as though the Republican leadership in the state is now more of a progressive Democratic platform, raise taxes, you know, raised our state’s budget, spend more money. I’m going to do the opposite.
and..
Number 2, there are external revenue sources that are just waiting to be harvested and collected by South Dakota. But the career politicians have never even attempted because they like internal revenue. Internal revenue is the money that you pay out of your paycheck. It’s the money that you pay in sales tax, it’s the money you pay when you register your vehicle. That’s internal tax. It comes from a resident of South Dakota. External revenue comes from non-South Dakota residents. We’re talking about targeted visitor consumption tax. We’re talking about for the first time in our state’s history, charging all the rich billionaires from around the world that are parking their money here in legacy trusts, charging them a small fee like every other state does. So I am going to bring in some new revenue that’s not going to come from the taxpayers. It’s called external revenue.
And…
So once the economy starts growing, and it will, once I start collecting external revenue, which we will, and once I cut all of the fat and pork out of our state budget, you are going to see very quickly, within a matter of a couple of years, a significant amount of annual budget surpluses. And yes, I will use that money to target the phase out of things like property tax, tax on things like groceries and other household necessities. We will make South Dakota affordable again. It’s not that complicated and it won’t take near as long as what the politicians are trying to convince people that it’s going to take.
Read that here, and more importantly, listen to the interview at SD Searchlight.
So, if I’m going to get out of the house and go to Deadwood for a weekend, everyone going there is going to be hit with enough in tourism taxes to eliminate property taxes in the state? That’s a pretty big fee on top of my hotel room.
And as for the financial/trust industry.. well, don’t have to worry about them parking money here anymore. They’ll immediately run for more friendly states.
Once again, nobody is proposing to solve ‘the property tax problem.’ Certainly not Toby. Just another tax-shift proposal which will end up hurting as many people who live in SD as it helps.
With the funds going to the central state government in Pierre to dictate how ‘this relief” is going to be handed out.

DOEDEN: Absolutely, it’s actually quite rudimentary and very simple, old school money management, which the Republican Party used to have as their platform. It seems as though the Republican leadership in the state is now more of a progressive Democratic platform, raise taxes, you know, raised our state’s budget, spend more money. I’m going to do the opposite.









