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Tax exemptions cost state $500 million - Capital Journal: News

Tax exemptions cost state $500 million

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Posted: Sunday, January 27, 2013 10:52 pm | Updated: 10:54 pm, Sun Jan 27, 2013.

Eliminate the state’s tax exemptions and South Dakota could be more than $500 million richer, a recently released Department of Revenue document indicates.

South Dakota offers dozens of tax exemptions on items and services including swine and cattle semen, medical services and coin operated washers and dryers.

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