In a recent post, David signs himself:
David Brauer
King Field
Who long ago noted on the list that Taylor paid millions in personal
property taxes
Not to be picky, but as the term "personal property tax" is generally
applied,
I think it's doubtful that Taylor pays this tax. At one time, all
Minnesotans
were liable for the personal property tax - an assessment against one's
furniture,
tv sets, jewelry, etc. This tax was in addition to the "real property" tax,
owed
on land and buildings one owned. The personal property tax on individuals
was
repealed several decades ago and eventually repealed for all property owners
except
utilities. The utilies continue to pay the tax on their attached
machinery - the
equipment used to generate electricity, for example. So Glen Taylor no doubt
pays
a property tax on what he personally owns - his house(s), and his
corporations pay a
commercial industrial property taxes on what they own, but unless he is a
utility, he would't pay "personal property taxes."
Dee Long
East Isles for another week or so.
TEMPORARY REMINDER:
1. Don't feed the troll! Ignore obvious flame-bait.
2. If you don't like what's being discussed here, don't complain - change the subject
(Mpls-specific, of course.)
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