More on Amendment D from Bill Napoli
In today's Rapid City Journal, State Senator Bill Napoli provides more information on Amendment D, and explains why former State Senator Alan Aker was wrong to bash it. (for 3 weekly columns worth):
Amendment D is a result of two years of extensive research by some of the best tax minds in our state. Amendment D will roll assessments back to 2003, then move forward 3 percent per year until 2006. After Jan. 1, 2007, the purchase price of a piece of property becomes the new assessment.Read it all here at the Rapid City Journal.
Amendment D will not lower your taxes - it will just stop them from going through the roof. Amendment D will stabilize both assessments and taxes, causing them to grow slowly and predictably.
Aker tried to give you the impression that no property in South Dakota will ever sell again. Nothing could be further from the truth.