Let's Stop Making Payments Forever on Property You Already Own
According to MO State Statute 137.075 “Persons owning or holding tangible personal property on the 1st day of January shall be liable for taxes.” Personal property includes all motor vehicles, motorcycles, recreational vehicles, trailers, boats, motors, mobile homes, aircraft, farm machinery, livestock and grain.
Official Ballot Language
Do you want to amend the Missouri Constitution to prohibit the state, counties, and all other political subdivisions from imposing or collecting any tax on personal property other than sales tax, which may be collected each time the property is purchased?
State and local governmental entities estimate reduced tax revenues ranging from $1.3 billion to $1.5 billion annually
How Would This Affect Me?
Many people do not understand how the personal property tax affects them or their neighbors. So here is a quick rundown.
If this petition becomes law, you will have more money in your wallet! For any motor vehicles, motorcycles, recreational vehicles, trailers, boats, motors, mobile homes, aircraft, farm machinery, livestock and grain that you own, you would own! If this petition becomes law, you will not have to pay tax on any personal property.
If that sounds good to you, sign the petition today!