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An Agricultural Value Tax As An Alternative To Land Use Tax Or Market Value Tax On Land

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  • White, Fred C.
  • Miller, Bill R.
  • Logan, Charles A.

Abstract

A use-value assessment tax requires a system by which agricultural land values may be established. Land value in agricultural use can in principle be determined from the land's income-generating ability. The value of agricultural land can be based upon the capitalized income stream, which implies that net income attributable to land resource, or more theoretically, its value of the marginal product, can be capitalized into economic value. A major weakness in the process of determining net returns to land is the requirement that returns to other production inputs can be determined accurately. To be exact, the marginal productivity of every input must be known.
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Suggested Citation

  • White, Fred C. & Miller, Bill R. & Logan, Charles A., 1975. "An Agricultural Value Tax As An Alternative To Land Use Tax Or Market Value Tax On Land," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 7(1), pages 1-7, July.
    • Handle: RePEc:ags:sojoae:29662
    DOI: 10.22004/ag.econ.29662
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    References listed on IDEAS

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    1. Hady, Thomas F. & Sibold, Ann Gordon, 1974. "State Programs for the Differential Assessment of Farm and Open Space Land," Agricultural Economic Reports 307503, United States Department of Agriculture, Economic Research Service.
    2. The Indian Society of Agricultural Economics, 1972. "Proceedings of the Seminar," Conference Papers 261836, Indian Society of Agricultural Economics.
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    Cited by:

    1. Davis, Neal & Hanson, Gregory D. & Kinnucan, Henry, 1986. "Taxation And Agriculture: An Annotated Bibliography Of Selected Journals," Staff Reports 277841, United States Department of Agriculture, Economic Research Service.

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