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Trends Continue To Show Cars & Trucks Remain In High Demand Causing High Taxes

All News RSS Feed Business Politics State News Sunday, December 11th, 2022

Whether you’re purchasing a new vehicle or paying your tax bills on the vehicles you own – it’s costing Missourians more these days.

Officials say it’s the result of low supply and high demand.

Under State statue county assessors must use values quoted in the monthly-updated Automobile Dealers Association “Blue Book” to determine vehicle assessments.

The October edition of the NADA book saw a significant increase in those values, meaning tax assessments have risen.

It’s unclear whether the trend will continue.

All News RSS Feed Business Politics State News Sunday, December 11th, 2022

Reporter KRMS Newsroom