Taxes

Proposed Bill in Minnesota Could Help Farmers’ Property Taxes

In a panel discussion held Friday Minnesota representatives met with local farmers to hear concerns and go over a proposed property tax credit

Minnesota farmers have been dealing with rising property taxes over the past ten years. Now, a proposed bill could help alleviate some of those costs. Property taxes for Minnesota farmers have increased by 114% in the last 10 years. Minnesota Lieutenant Governor Tina Smith said a combination of rising property values, demand for school improvements and lowered commodity prices have…