Remember when “no new taxes” was the mantra for the Republican Party? Well no more.
Senator “California” Carley and State Rep. Heather Baxter have introduced legislation to create a new tax in South Dakota on every retail transaction taking place in South Dakota. The same new tax that former Senator Julie Frye-Mueller has been trying to create in South Dakota since she was defeated in her last election.
Section 6. That a NEW SECTION be added to a NEW CHAPTER in title 10:
There is imposed a tax on each retail transaction that generates gross receipts subject to the tax imposed pursuant to chapter 10-45.
For each retail transaction with a final purchase price of fifteen dollars or more, the tax imposed is one dollar and fifty cents. For each retail transaction with a final purchase price of less than fifteen dollars, the tax imposed is ten percent of the final purchase price.
Section 7. That a NEW SECTION be added to a NEW CHAPTER in title 10:
A transaction where more than one sale item is being purchased at the same time and by the same person, and where the final purchase price of the transaction includes all sale items, constitutes a single retail transaction.
Read all of Carley & Baxter’s new mega-tax bill here.
They want to impose a new transaction tax that starts at 10% of what you purchase, and from $15.00, it’s a $1.50 tax that you’re going to be hit with. It’s literally a low-dollar mega-tax at over twice the tax rate being charged now.
How does a new tax benefit South Dakotans? It claims that they’ll use it to reduce property taxes, but how long until they creep back up? Except for the personal property tax, in South Dakota taxes are never eliminated. They might be pushed down, but then they creep back up as government grows.
Except we’ll now be collecting $1.50 tax or 10% every time joe six-pack goes and buys a beer. Buys a hamburger. Or anytime they swipe their debit card at walmart.
It that what they were hoping for when they elected California Carley & Baxter (tax-ter?)? I don’t think so.
The populists who snuck in the door of the Republican Party in the last couple of elections are as bad, if not worse, than some of the Democrats ever were in trying to create new and unusual ways to take more money from our wallets.
It’s a good thing that we have an election in a few months. Because South Dakota needs to offload some of the people who put on a mask and claim they will be our conservative saviors, but are actually tax and spend politicians in disguise.
This would be the largest tax increase in South Dakota history.
Apparently JFM is having trouble “milking” out enough signatures to put her ludicrous proposal on the ballot. So let’s run to the capitol and find a couple useful idiots to try it.
So if I figure this correctly…I’m not the sharpest tool in the shed…
It would only take about a year to drain the banks account of 3/4 of working class in So Dak🤦♂️. 10% 🤦♂️….
100’s of “convenient stores” will close and the rise of bulk buy such as Sam’s and Costco…see ya Dollar general ….
If I’m reading this correctly, it is only one charge of $1.5 on my Sam’s $1000 purchase or 1.5(10%) per on my daily fresh produce buys over a multi stop shopping visits at HyVee during the week. Possibly costing me $20-30 a week in extra taxes…
My cup of coffee not goes from $5 to 5.50
And my breakfast burrito goes from $10.to $11.
Yikes!
You forget the wife’s box a ding dongs and it now cost you an extra 10%…
Either you’ll be broke from taxes or have a pissed off wife. Either way it’s a kick in the teeth for guys in So Dak …
I think I may need to move to Wyo🤷🏻♂️
Hell no on this…
You hit the nail on the head. 3-4 purchases out of the 8-10 purchases fall into this $15ish amount as listed above. A proponent I spoke with told me that the beauty of this bill would be people would start planning to make larger and less frequent purposes to save money and that’s a good thing. If this passes, I am going to have to apologize to my local coffee/donut shop, my local cafe, my local grocery store where I buy fresh fruit and vegetables every day, and my local VFW where I have 2 beers….and usually buy my buddies a couple along with pickled eggs 6 nights a week. My trailer house property taxes are less than $450 a year. This added $1.50 tax adds up to $1800 a year. Thanks for wiping out my $450 property tax bill………that doesn’t seem to math out to me very well.
This is what happens when the sponsors of the bill are California transplants and folks that live in huge homes in Rapid City.
Is Baxter a California transplant too?
No, she lives in an house assessed at 854,900 in Rapid City so probably appraised at a million dollars. No wonder she would be sponsoring this enormously regressive tax break scam for the wealthy.
The more it changes, the more it stays the same. See HB 1201 from the 72nd session (1997)
Well back in July when JFM introduced the amendment, she discussed a possible backup plan about having addressed back then as a Joint Resolution.
https://hubcityradio.com/amendment-to-abolish-property-taxes-sent-to-attorney-generals-office/
Let’s see where this bill will go from here.
This is proof that Carley needs to be voted out and there is an Excellant candidate running against him to vote for.
Property Tax on Residential real property and land should and be exempt from all taxation. I would be ok with a new excise tax on sales transactions of up to 10% cause the tax is known up front and is only collected through the business community. On the flipside, property tax on Commercial property and land can and should go up a percentage point as well. In fact, Toby Doeden has the perfect plan, remove property taxes on all residential land and real property, while generating more taxation from the Banks and Trusts creating new external revenues, while allocating the revenue across all school districts and counties, while not allowing municipalities to collect from property tax completely.
I honestly cannot tell because Poe’s Law hits so hard anymore: is this satire?