After a year of ravaging floods that took large swaths of some of America's finest farmland out of play, the last thing Missouri would do is raise taxes on our most productive remaining farmland.
You would sure as hell think...
Under a policy set by the State Tax Commission in December, Missouri's most productive farm land will face a higher tax rate. [...]
Every two years, the state tax commission reviews agricultural land productivity values. Since 1995, these values, based on land quality grades from one to eight, have remained unchanged.
Two years ago, the Tax Commission tried to increase productivity values, but that reassessment effort was blocked by the legislature. [...]
For property with a soil grade of one, productivity values would go up from $985 per acre to $1,065 per acre under the tax commission's proposal.
Now the legislature has to act, yet again, in order to stop an increase in taxes on the state's best available farmland.
Does this ever feel like a neverending battle?
- B.H.
Great post . I like your analytic
Posted by: xem tu vi | March 20, 2012 at 09:18 AM
Farming is the largest social construct / welfare program the world has ever known.
Posted by: Roger | March 28, 2012 at 10:09 PM