Thursday, May 26, 2011

A Question About Reported Economic Growth

Yesterday, Bernie Hunhoff said the South Dakota's revenues seemed to be increasing.  Matt Michels said the same thing last weekend.  I'm sure a quick internet search would allow me to find Governor Daugaard making a similar statement.

I want to make clear that what follows is not a rhetorical question.  I would like a serious answer.  How much of the revenue growth has been the result of sales tax increases because fuel and common purchases such as chocolate, soda, and cereal cost more?

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