KS Supreme Court rules against Walmart, Sam's Club

[Jw2]

In major decision, Kansas Supreme Court rules against Walmart, Sam's Club in property tax dispute

https://www.msn.com/en-us/money/news/in-major-decision-kansas-supreme-court-rules-against-walmart-sam-s-club-in-property-tax-dispute/ar-AAZ594S?ocid=entnewsntp&pc=U531&cvid=14d8ee2fc9884a5680edc2d03abcf8cb

The Kansas Supreme Court rejected arguments Friday from a pair of big box retailers that a Kansas county had overvalued their stores for property tax purposes, a move with potentially major implications for taxation in Kansas.

The unanimous ruling said the Board of Tax Appeals should be free to decide how stores like Walmart, Target or Home Depot should be valued for themselves, rather than relying on past court rulings to guide their work.

The fight, which has raged in Kansas and scores of other states, boils down to how the stores should be considered for property tax purposes.

Municipalities have attempted to appraise the properties as if they were occupied and raking in revenue, with the valuation tied into a building's lease.

But retailers have fought this determination. They argue the store should be valued as if it were empty, with the appraisal reflecting how much a property would fetch if it were sold on the open market without a tenant. That value is generally much lower.

The latter argument has prevailed in the court system to date.

A 2012 Kansas Court of Appeals ruling said that there was no reason to use lease agreements to calculate the value of a Topeka Best Buy, as they were designed to a specific store's specifications and not reflective of market value.




Pay attention youse people...this is how the wealthy and corporations avoid how they pay taxes, leaving you to pick up the slack.  Think about it the next time you pay the property taxes.

[D2D]

So you believe you should pay property taxes on the food, water, appliances, and furniture in your home?

[zsq987]

JIZZ-WANKER2 (fake Catholic)...

"Youse" is NOT a word in the English Language.

You are an IDIOT to use it and everyone knows it.

[WWV10MHZ]

JIZZ-WANKER2 is known in Crystal Lake and here as a fake Catholic.

If someone LIES about their Religion, HOW could they have ANY credibility about ANYTHING? ? ? ? ?

And, he says "youse" all the time to further show his TOTAL IGNORANCE!!!

WHY would the KofC have him at Blood Drives when he is so obviously untrustworthy and unfaithful? ? ? ? ? ?

[D2D]

Jw2 ever heard of the Ten Commandments?

17 “You shall not covet your neighbor’s house. You shall not covet your neighbor’s wife, or his male or female servant, his ox or donkey, or anything that belongs to your neighbor.”

https://www.biblegateway.com/passage/?search=Exodus+20&version=NIV

Democrats covet the property of every American!

[Jw2]

I'm a better Catholic than youse people or any of the so-called Catholics on the Supreme Court.


Thomas is divorced.  No children with Ginni - just like DJ.

Kavanaugh is an accused rapist.

Coney is a conservative cult member, not recognized by the Catholic Church.


And all Churches should now be taxed.

[D2D]

Yet you are for abortion, coveting your neighbor's property, and denying people their rights!

How do you square that with being a Catholic?

[Truman62]

And now the big box stores will close up shop and move, or shut down completely?

[D2D]

Nope, they will pay more protection money to the Democrat party!