The Decision to Buy and Sell Land as Affected by Capital Gains Taxation and Income Tax Progressivity

A present value model estimates farmland price increases needed by investors in different tax brackets to equate land returns to an investment having higher current return but no change in nominal value. Higher bracket investors have greater advantage in land than low bracket investors. Also, inflation enhances this advantage.


Issue Date:
1981-07
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/243907
Total Pages:
20




 Record created 2017-04-01, last modified 2017-08-29

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