Eliminating the tax on Food
From Bread for the World;
Yesterday was the 235th anniversary of the Boston Tea Party. To celebrate that historic resistance against unjust taxation, we offer encouraging news relating to a glaring tax injustice here in South Dakota.
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We have just learned that the total food tax (state + city+ tribal) is estimated by the state to contribute a total of $79.6 million to state, municipal, and tribal revenues. And, get this: The estimated sales tax from an additional ½% tax on non-food sales would bring in about $80 million.
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Get the picture? With ½ percent more on non-food, all sales tax could be shifted off — totally removed — from food with no loss of revenue to the state. AND there would be enough to fully reimburse cities and tribes for their loss of food tax.Â
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If the legislature would pass such an idea, and if the governor would sign, no tea would need to be dumped here in South Dakota.Â
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Consider this an opportunity for action. Let’s see if we can stir up legislators, editors and the public about this possibility as a helpful response as the worsening economy brings struggle for life’s basics to more and more people.