As the House contemplates a sales tax increase that is being falsely promoted as required in order to give teachers a pay raise, Governor Daugaard admits to having budget surpluses to give to the Chamber of Commerce crony capitalists:
Gov. Dennis Daugaard gave an impromptu talk Thursday before the South Dakota Chamber of Commerce at its legislative day meeting. He noted that the days at the end of last week and the beginning of this week are “crunch time” for the legislature.
Daugaard did not have prepared comments but instead took questions from the audience. The first question was on how to continue state economic development fund Building South Dakota.
So the argument that there is no money in the existing budget to fund a teacher pay raise is a lie. Not only does Daugaard promote more sales tax on the working poor, he promises sales tax exemptions for crony capitalists:
Daugaard also described another of the tools state government has to encourage business investment, the Revolving Economic Development and Initiative fund. The REDI fund’s board can attract new businesses to the state, and also encourage businesses in the state to expand, in part by forgiving some or all of the sales tax they would have to pay.
The governor cited Pat Costello, with the Governor’s Office of Economic Development, who mentioned how important a tool that is.
“He said, ‘Very clearly, our biggest and best tool has become the Board of Economic Development’s ability to forgive that tax. That is the sweetener that we can throw in,’” the governor recalled Costello as saying.
Sad that even Democrats went along with Daugaard's "tax the needy in order to give to the greedy" liberal tax and spend agenda. I found the above link at Cory Heidelberger's web site, and he neglected to report on the above revelations. Either Cory is very stupid, or he is part of the liberal tax and spend crony capitalist agenda.