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PROPERTY TAX - Must Read
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<blockquote data-quote="Retired Educator" data-source="post: 205144" data-attributes="member: 3373"><p>Ag land is supposed to be taxed based on production. All ag land has a production index so land that can produce 200 bu/acre corn will be taxed higher than land only capable of producing 100 bu/acre. Granted, kind of a guess as there are other factors that affect production but it is supposed to be somewhat a fair process. I think the problem then comes up when a county commission might decide to use a lower base on ag land but insist on a higher assessment for residential (city) property. As I mentioned earlier, it's only equitable when all the rules are followed.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p></p><p></p><p>And how is the property tax you consider rent any different than income tax or sales tax. The more you make the more income tax you pay. The more money you make the more you have to spend and pay more sales tax. If anyone really wants to get rid of property tax there needs to be some discussion on how to replace that tax. The only others left are income or sales taxes. Which do you want to increase.</p><p></p><p>It's easy to say that cities, schools, parks, counties, townships, etc. need to cut their budgets. Perhaps, but what do you want to do without? Cut out police, roads, fire protection? Most budgets include about 75-80% for workforce salaries. People who do the things you take for granted. Perhaps the last initiated measure on property tax would have been successful if there had been a plan on how to replace those funds.</p></blockquote><p></p>
[QUOTE="Retired Educator, post: 205144, member: 3373"] Ag land is supposed to be taxed based on production. All ag land has a production index so land that can produce 200 bu/acre corn will be taxed higher than land only capable of producing 100 bu/acre. Granted, kind of a guess as there are other factors that affect production but it is supposed to be somewhat a fair process. I think the problem then comes up when a county commission might decide to use a lower base on ag land but insist on a higher assessment for residential (city) property. As I mentioned earlier, it's only equitable when all the rules are followed. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] And how is the property tax you consider rent any different than income tax or sales tax. The more you make the more income tax you pay. The more money you make the more you have to spend and pay more sales tax. If anyone really wants to get rid of property tax there needs to be some discussion on how to replace that tax. The only others left are income or sales taxes. Which do you want to increase. It's easy to say that cities, schools, parks, counties, townships, etc. need to cut their budgets. Perhaps, but what do you want to do without? Cut out police, roads, fire protection? Most budgets include about 75-80% for workforce salaries. People who do the things you take for granted. Perhaps the last initiated measure on property tax would have been successful if there had been a plan on how to replace those funds. [/QUOTE]
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