💸 GRT vs. Property Tax: See Your Real Savings
Use this calculator to enter your real weekly spending and property tax to see how much you’d save under the Gross Receipts Tax (GRT) system.
🛒 Important Note on Grocery & Medical Exemptions:
Yes, groceries are exempt from our GRT plan to protect your essentials! Basic groceries—like bread, milk, eggs, fruits, and vegetables—are not subject to the 2.5% GRT. However, convenience store items—such as hot food, soft drinks, or non-food items like toiletries and cigarettes—are taxable. This mirrors current South Dakota sales tax rules.
🩺 Essential medical items are also exempt! Prescription drugs, prosthetics, and durable medical equipment (if prescribed) are not taxed under the GRT. Over-the-counter items or elective medical services may be taxable.
✅ This keeps your household budget protected while saving South Dakotans $3,000–$5,000/year. Learn more at SealSD.com/taxes
📊 What’s Taxable vs. Exempt under GRT?
| Category | Taxable? |
|---|---|
| Bread, Milk, Eggs, Fruits, Vegetables | No ❌ |
| Hot Prepared Foods (gas stations, delis) | Yes ✅ |
| Toiletries, Cleaning Products | Yes ✅ |
| Prescription Medications | No ❌ |
| Over-the-counter Medications | Yes ✅ |
| Medical Equipment (prescribed) | No ❌ |
| Luxury Items (jewelry, electronics) | Yes ✅ |