Thursday, September 11, 2008

An Income Tax For South Dakota...

I have to agree with Pat Powers and the War College on this one...

From the Dakota War College:

Income tax panel to meet in Pierre. Moving forward on a bad idea

A committee meets today in Pierre to work on a change in property tax assessments of agriculture land from the current one based on land sales to a model that uses production to determine taxes.A new law will value farmland based on an eight-year average of yields and commodity prices starting in 2011, and…

He says the committee needs to come up with a tax rate that won’t change the overall amount of what land owners pay in taxes now.

You can continue to count me in the column against this tax.

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