You may have heard about the push to put a ‘Taxpayers Bill of Rights’ on the books in Missouri. The Show Me Institute’s Brenda Talent says, unlike the Hancock Amendment, their plan would limit taxes on personal property like cars and farm equipment …
The current Hancock Amendment requires local governments to adjust property tax rates to prevent windfall revenues from increased home values. Talent says Missouri taxpayers need wider reaching protections from ever – increasing taxes.
