Posted by jm. on July 05, 2010 at 15:25:52 from (75.107.206.190):
In Reply to: Property taxes? posted by tlak on July 05, 2010 at 07:57:43:
No state income tax on your earnings but 8.75% sales tax on most items but it caps out at $ 1600 and farm items are exempet..Paying on about 2800 acres but the base farm 2800sy ft house and 365 acres of mixed river bottom and hill land about $2100.00 per year ..Apprasied at 2.5 million but then thew discount farm land some way. Over all satisfied with the way Tennessee does taxes..No personal property tax unless you are in bussiness like lawyer, dentist ect..
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Today's Featured Article - Fordson Model N: Field Service Operations and Lubrication - by Anthony West. The daily or weekly servicing of any vehicle is of the utmost importance, and in days gone by when our favorite tractors were doing an important and Commercially vital job on the farm, these service operations would make a major difference to the running costs and economy of the farm. This being so, it surprises me to see how many enthusiasts attending rallies, shows etc, seem to be unaware of the importance of this constant attention. Possibly the modern machine with its 6,000 mile or even once
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