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I remember reading a treatise on the Junkers in Prussia. Farmland was taxed per acre. Respective of how productive it was. So Junkers who owned the most product
by Gibbon1 1y ago
I remember reading a treatise on the Junkers in Prussia. Farmland was taxed per acre. Respective of how productive it was. So Junkers who owned the most productive farmland got taxed at the same rate as a poor hardscrabble farmer. And that before outright fraud and corruption.
- stockresearcher 1y agoHere in Illinois all farmland is assigned a productivity index that is independently calculated by the agriculture department at UIUC using soil surveys. The land also gets a flood debasement index using flood records and crop loss claims. The most productive farmland gets taxed at rates at least 4x higher than poor farmland. And really poor farmland gets taxed as if it were nearly worthless. https://tax.illinois.gov/localgovernments/property/farmland.html https://tax.illinois.gov/localgovernments/property/farmland....