Kristi Noem, the governor of South Dakota has made it very clear that South Dakotans will fare better this Tax Day than Americans in any other state.
Last month, Gov. Noem signed legislation to reduce the overall sales taxes in South Dakota for four years. This new law, which takes effect in July, will essentially reduce sales tax from 4.5% to 4.2%, resulting in a general sales tax cut of $104 million per year.
This bill will lower taxes on groceries, which many citizens have been fighting for amid rising inflation.
Noem wrote in her letter about the bill signing, “Our people deserve permanent relief. This legislature has instead offered them a tax holiday for four years. While this legislation is not ideal or the best way to help the people of South Dakota, I recognize that the legislature has chosen this path, and some help, albeit temporary, for our people is better than none at all.”
Noem touted other tax cuts she accomplished, including no personal income tax, no business income tax, and no statewide property tax, she wrote on Twitter.
According to AP news, Noem claims that cutting these taxes would bring in more than $100 million annually, and would overall help household budgets squeezed by inflation.
Gov. Noem vowed to continue working on delivering permanent tax relief for the people of South Dakota.
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