More GRT Myths Busted

GRT Myths Busted

Here’s the truth about the SEAL SD Liberty GRT plan—replacing property taxes to save you $1.6 billion, built on transparency and local control. We’ve busted the top myths for you below, so you can see why GRT means tax freedom!

Top Myths and Facts

MythFact
Dark money’s behind this—it’s a scam!Grassroots effort, saves $1.6B—$3,000-$5,000 in Rapid City. Open books!
I don’t trust DOGE-SD—it’s a power grab!Citizen-led, saves Custer $1.15M-$2.2M. Local control, not state power!
Property taxes are morally wrong!GRT fixes it—saves $200M for farmers, $3,000-$5,000 for families!
Property taxes are unconstitutional!GRT swaps them, saves $1.6B, protects your rights with DOGE-SD audits!
I like my high property taxes—they fund us!GRT keeps $960M for schools, saves you $1.6B for more community impact!
GRT piles taxes like Washington State!One-time 2.5% GRT, exempts 39,150 businesses—$10M-$15M sales boost!
Businesses will get crushed by GRT!45% exempt, Rapid City gains $10M-$15M in sales—no price hikes!
School funding will suffer with GRT!Locks in $960M, $84M for Rapid City—schools thrive, no cuts!
Rural counties like Fall River lose out!Fall River gets $3-$5M GRT, $1-$2M aid—local control for all!
GRT can’t happen—legislators will block it!Your 35,017 signatures in 2026 decide—$1.8B for schools, $1.6B saved!

Key Benefits at a Glance

  • Total Savings: $1.6 billion state-wide
  • Rapid City Households: $3,000-$5,000 yearly
  • Farmers: $200M-$225M saved
  • Schools: $960M secured, $84M for Rapid City
  • Businesses Exempt: 39,150 under $100,000
  • Rebates: Up to $325 per voter

Real-World Example: What’s Taxed, What’s Not?

Here’s a Sam’s Club receipt from Rapid City to show how GRT applies:

  • Bananas ($1.88): Exempt (grocery)
  • Whole Milk ($3.84): Exempt (grocery)
  • Detergent ($14.98): Taxed at 2.5%
  • Deli Wings ($26.78): Taxed (prepared food)
  • Pre-packaged Yogurt ($14.38): Taxed (prepared food)
  • Subtotal: $126.89
  • Taxable Amount: $69.62
  • GRT at 2.5%: $1.74 (vs. $4.38 current sales tax)

Under GRT, you’d pay less tax on this receipt, saving even more with $1.6 billion state-wide—$3,000-$5,000 yearly in Rapid City!

Grocery & Medical Exemptions

  • Groceries Exempt: Bread, milk, eggs, fruits, vegetables—no 2.5% GRT. Convenience items like hot food, soft drinks, toiletries, cigarettes are taxed.
  • Medical Exemptions: Prescription drugs, prosthetics, durable equipment (prescribed)—no GRT. Over-the-counter items, elective services may be taxed.
  • No Double Taxation: The GRT aligns with South Dakota’s sales tax plan—items like dog food are taxed now and under GRT, but essentials like milk stay exempt, so you’re not double-taxed on the same items.

Learn More

  • Visit sealSD.com/taxes for full details.
  • Download our PDF: GRT Myths Busted PDF

Join us April 19, 2025, at 2:00 PM at First Assembly of God in Rapid City to see how GRT works for you!