THE DISTRIBUTIONAL IMPACT OF 1981 AND 1982 FEDERAL INCOME TAX LEGISLATION: WHICH FARMERS BENEFIT?

Simulation was used to analyze the distribution of benefits from the 1981 and 1982 federal income tax legislation for farm types that exhibit various tax characteristics. The results indicate that distributional effects are largely attributable to the reduced progressivity of the tax rate schedule. The largest farms benefited relative to the smaller farms of all farm types. Intensive livestock farms and producers of perennial crops experience additional benefits relative to other farm types primarily because of the large reduction in useful life for tax purposes of specialized livestock facilities, orchards, and vineyards.


Issue Date:
1987-04
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/28892
PURL Identifier:
http://purl.umn.edu/28892
Published in:
Northeastern Journal of Agricultural and Resource Economics, 16, 1
Page range:
44-53
Total Pages:
10




 Record created 2017-04-01, last modified 2019-08-26

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