Associated Industries of Missouri v. State Tax Commission of Missouri

I respectfully dissent.

By the terms of §§ 137.016.1, RSMo Cum.Supp.1984, and 137.115.5, RSMo Supp. 1985, real property improved by a residential structure containing not more than four dwelling units is “residential property” and is assessed at nineteen percent of its true value, while real property improved by a residential structure containing five or more dwelling units is within the subclass of “utility, industrial, commercial, and railroad property” and is assessed at thirty-two percent of its true value. The legislature is empowered to define the three subclasses of real property, (1)…