Governor Daugaard thinks we should tax amateur baseball coaches on the work they do for kids. To that end, he vetoed Senate Bill 159. Yesterday, our legislators fell three votes short of overriding that veto in the Senate.
Meanwhile, what don’t we tax? Carbon. Karl Gehrke interviewed economist Yoram Bauman yesterday and learned for us that Vancouver, BC, implemented a carbon tax a few years a go and now is enjoying one of the healthiest local economies in Canada. Bauman said that if South Dakota taxed the burning of oil and coal (and whatever nasty crap comes out of the smokestacks at 3M in Brookings), we could replace half of our sales and use tax, or maybe our contractors’ excise tax.
Bauman says it makes sense to tax undesirable activities, like pollution, and leave untaxed, or at least tax less, desirable activities, like building homes or coaching baseball. Our Governor and Legislature continue to pursue the opposite of sense.