Previously, Lum made the mistake in revealing the estimated value of his rabbits to Squire before being told that Squires new job is tax assessor. Today, Lum and Abner try to figure ways to get their assessment reduced. In explaining, Abner gets confused over what Squire’s job actually is. Can Lum get Squire to be more reasonable in his assessment? Cedric enters with some good news for business, but maybe not so great for the tax bill.