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Tired Of Taxes?? Uh Yea!!! Reasons To Move To South Dakota

By Rosalie Evans

Real Estate Agent with Meritus Group Real Estate SD 14808

September 17, 2011 04:14 PM

Gov. Dennis Daugaard is promoting the state's low tax rate to lure businesses to South Dakota.

Just like Uncle Sam the State of South Dakota wants YOU! A two month marketing campaign aimed at luring businesses from higher taxed states such as Illinois, Minnesota and California was kicked off back in August. With direct mailings, radio spots and print ads the State of South Dakota wants to let you know about our low tax rates or lack of taxes. Here in my great state we enjoy:

1. no corporate income tax

2. no personal income tax

3. no personal property tax

4. no business inventory tax

5. no inheritance tax

So do you want to move here yet? Not only are we a business friendly state but we have cheap housing, good schools, and friendly faces! Sioux Falls our largest city has been my home for over a decade and I would love to make it your home too!

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Chandler Real Estate Liz Harris, MBA

Liz Harris Realty - Chandler, AZ

#ChandlerRealEstateAgent

How would the public schools be paid for? Just curious....

Sep 17, 2011 04:17 PM

Steve, Joel & Steve A. Chain

Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Rosalie,

I hear so many good things and good news about South Dakota. The SD business friendly environment is just adding more good news to the story.

Good speed with all you do,

Steve

Sep 17, 2011 04:19 PM

Alan Kirkpatrick

Austin Texas Homes - Round Rock, TX

Alan in Austin

Awesome! Now I know where I need to retire. Great post.

Sep 17, 2011 04:21 PM

Florida Tolbert Team Keller Williams Advantage

Keller Williams Advantage III Realty in Lake Nona - Orlando, FL

Keller Williams Land Luxury Division Specialist

Or you can move to the Cayman Islands where there is NO SALES TAX, NO SS system, NO PAYROLL TAX, and NO IRS system and no property taxes.

Yes it is a tax free country.

Sep 17, 2011 04:27 PM

Rosalie Evans

Meritus Group Real Estate - Sioux Falls, SD

The Evans Group, Sioux Falls, SD Homes For Sale

Liz- It is paid for with real estate taxes from my understanding.

Sep 17, 2011 04:30 PM

Josh Feygin

Hallandale Beach, FL

And I thought Florida was a sweet deal...

Thanks for sharing!

Sep 17, 2011 04:31 PM

Steve- We do have a great business environment here! And I know Sioux Falls just keeps spreading out and out in all directions.

Sep 17, 2011 04:32 PM

Alan and Michelle- You should come now so you can work on your nest egg! Think of all those taxes your going to lose down there! lol

Sep 17, 2011 04:33 PM

Kevin- It may be great for some but God forbid I live somewhere that there are no change of seasons! The thought of no autumn leaves, fires in my fireplace, or snow on Christmas would kill me!

Sep 17, 2011 04:36 PM

Josh- I like Florida ok but the bugs are HUGE! And it is hot all the time! When I was down there I seriously had no energy because of the heat! But to each their own right!?

Sep 17, 2011 04:38 PM

Ted J. Macy

Top Agents Atlanta Metro - Milton, GA

I like the NO NO NO NO NO .... stuff that South Dakota has. So many other states have Yes Yes Yes Yes Yes ... for each of these items.

Sep 17, 2011 04:59 PM

Sharon Parisi

United Real Estate Dallas - Dallas, TX

Dallas Homes

South Dakota is one of the most beautiful states in this great country of ours!

Sep 17, 2011 05:14 PM

Ted- This is true! Its all part of the appeal of living here! Pesonally I like the money in my pockets not theirs!

Sharon- I know it is beautiful here! You go from one side of the state with the rolling plains to the other side with the rugged buttes and the flat grass prairie and it is all beautiful! I have to say that my favorite areas are by Garretson, SD and by Deadwood, SD!

Sep 17, 2011 05:44 PM

Will Nesbitt

Nesbitt Realty at Condo Alexandria - Alexandria, VA

Nesbitt Realty is a family-run brokerage.

Great article, very informative and useful. I wish my state

Sep 20, 2011 04:38 AM

Will- It is a good marketing campaign you have to admit! I guess the legislators in MN are all miffed about it! HAHA!

Sep 20, 2011 08:36 AM

Tired Of Taxes?? Uh Yea!!! Reasons To Move To South Dakota

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