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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