230 THE FISCAL PROBLEM IN MISSOURI 
course, implies that farm property in a given local govern- 
mental division will be assessed with a high degree of uni- 
formity. It is desirable also that farm property should be 
assessed on a basis comparable with that on which urban real 
estate and other forms of tangible property are assessed. The 
results of the present system indicate that a much higher 
degree of uniformity can be attained, and it is believed that 
the only practical solution lies in supervision by a state tax 
commission empowered to reassess an entire county or smaller 
division as well as individual properties. 
In another chapter changes in the tax laws are discussed, 
which would have the effect of discontinuing the taxation of 
all intangibles at general property tax rates and reaching 
this form of property by means of the income tax. Farm 
mortgages are correctly included in the intangible category, 
and, if such a plan were adopted, they would be taxed 
only on the basis of income.