Here’s how much South Dakotans could save on property taxes after accounting for higher sales taxes

Joshua Haiar | South Dakota Searchlight Estimates of homeowner savings abounded recently as South Dakota lawmakers and Gov. Larry Rhoden approved property tax reduction legislation. The average South Dakota homeowner’s total savings if they receive both forms of property tax relief could be $1,080 annually. Meanwhile, the average South Dakota household could spend $360 more per year if subjected to both sales tax increases. When it’s all said and done, that’s a net yearly savings of about $720 for homeowners.

Read the full article and join the community discussion on Inimzu.