South Dakota – Analysts Warn SD Lawmakers Of Dip In Sales, Use Tax Revenues

Both Terwilliger and Mehlhaff agreed on one prediction, though: That sales and use tax collections in Fiscal 2020 will be lower than the Legislature budgeted for in March. The BFM in its interim report forecasts $1.06 billion in sales and Continue reading South Dakota – Analysts Warn SD Lawmakers Of Dip In Sales, Use Tax Revenues

Multi-State – Study: Sales Tax Holidays Don’t Help States’ Economies

A Tax Foundation report calls the holidays a ‘political gimmick.’ SALES TAX HOLIDAYS, where states temporarily remove state and sometimes local taxes from certain products, are not actually beneficial to the economy and low-income residents, according to a recent study by the Tax Continue reading Multi-State – Study: Sales Tax Holidays Don’t Help States’ Economies