Milwaukee Tool Corp Makes $1 Million Tax Typo

[ptradmin]

Filed under the "Hi, I'm from the government and I checked my brain at the door, department", a local municipality is sticking Milwaukee Electric Tool Corp with a $1.4 million dollar tangible property tax bill based on what the company says is a clerical error. Their sin? Indicating the incorrect amount for their inventory - basically an accounting mistake. The Hinds County (Mississippi) Board of Stupervisors says that "their hands are tied" because Milwaukee took over a year to appeal the mistake. The correct amount should be $75,000. That's a difference of around $1.325 meeellion dollars. Our question is: do these government officials understand that they might contribute to driving Milwaukee right out of their county?

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