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South Dakota's Tax Freedom Day is Wednesday

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SIOUX FALLS, S.D (KELO AM) - Wednesday, April 8, is Tax Freedom Day in South Dakota where taxpayers have collectively earned enough money to pay federal, state and local taxes.

Kyle Pomerleau says South Dakota is the third state, behind Louisiana and Mississippi, to reach Tax Freedom Day.

Connecticut and New Jersey are the last state’s to reach Tax Freedom Day on May 13

National Tax Freedom Day, where taxpayers make enough to pay all taxes, is a day later this year on April 24.

Pomerleau says that’s due to steady economic growth.  He says it's due to the increase in income, slowly pulling ourselve's out of the recession and as we're earning more income of course we're payingmore to the federal, state and local governments.              

 


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