Boomers’ Property Wealth To Be Lost In ‘fire Sales’ To Pay Inheritance Tax Bills

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Sat, 05/18/2024 - 8:00am

Boomers’ property wealth to be lost in ‘fire sales’ to pay inheritance tax bills

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$32 million sales tax loss made up for with lost money, state investments, contractor taxes
Despite a $32 million dip in sales tax revenue, South Dakota has collected about $115 million more in total revenue this year than it did the previous July ...
05/29/2024 - 10:00 pm | View Link
$32M sales tax loss made up for with lost money, state investments, contractor taxes
The $31.9 million decline in sales and use tax revenue was largely due to a reduction in the state sales tax rate from 4.5% to 4.2%. That happened in July 2023.
05/29/2024 - 4:59 am | View Link
SD $32M Sales Tax Loss Made Up For With Lost Money, State Investments, Contractor Taxes
Despite a $32 million dip in sales tax revenue, South Dakota has collected about $115 million more in total revenue this year than it did the previous July through April.
05/28/2024 - 3:41 pm | View Link
Boomers’ property wealth to be lost in ‘fire sales’ to pay inheritance tax bills
Baby boomer homes will have to be sold off in a “fire sale” as their families are hit by unaffordable inheritance tax ... property to your children or grandchildren. There’s nothing to pay ...
05/18/2024 - 4:31 am | View Link
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