Michels Says Restricting Contractor's Excise Tax Will Cap Growth

South Dakota Lt. Governor Matt Michels says a measure on the ballot would, if approved, prevent the Governor’s Office of Economic Development from using a portion of the contractor’s excise tax to provide economic recruitment incentives.  He says restricting the use of those funds hinders the state’s ability to attract and grow businesses…


Michels also weighed in on another ballot issue that asking South Dakota voters to raise the state sales tax by a penny to help fund education and offset Medicaid costs…


Michels says a penny sales tax may not seem like a lot but that it is…


Michels comments were made last week.

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