Institute on Taxation and Economic Policy (ITEP)

February 2, 2017

South Dakota Budget and Policy Institute: HB 1182 Raising teacher salaries – how much would taxes change for your household?

ITEP Staff

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The combination of property tax savings and sales tax increases will affect each household differently.

Raising sales tax by 1/2 cent will raise about $107 million dollars.  And decreasing property tax will cost about $40 million dollars.  But how much will your household pay to support the change?  You can figure that out by answering two questions.


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