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Missouri tax commission raises value for best farmland
Posted By Tammy Huffman On December 30, 2009 @ 11:10 am In Headline News | No Comments
Under a tax commission decision approved recently, Missouri farmers who own the most productive crop land may pay higher taxes on their property. Those with less desirable land may get a tax cut.
The Missouri State Tax Commission set new productive values for agricultural land. The values are determined by evaluating the potential earnings of the land. The values are used for calculating property taxes.
The state’s farms are divided
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