IDEAS home Printed from https://ideas.repec.org/p/isu/genstf/197612010800001044.html
   My bibliography  Save this paper

The Effect Of Income Tax Progressivity On Valuations Of Income Streams By Individuals

Author

Listed:
  • Adams, Roy D.

Abstract

The effect of taxes upon Investment patterns in agriculture is an important policy consideration which has received attention in past issues of this journal. However, some authors have inadequately adjusted income stream valuation formulas for the effect of the individual income tax and have consequently reached incorrect conclusions regarding both the present value of future income and the effect of income tax progressivity on the relative valuations of individuals in different tax brackets. Rodewald (1969, 1971) and Devino considered the effect of taxes and financing upon investment decisions, but their incomplete treatment of income taxes produces a valuation formula which will result in incorrect investment decisions*

Suggested Citation

  • Adams, Roy D., 1976. "The Effect Of Income Tax Progressivity On Valuations Of Income Streams By Individuals," ISU General Staff Papers 197612010800001044, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:197612010800001044
    as

    Download full text from publisher

    File URL: https://dr.lib.iastate.edu/server/api/core/bitstreams/a8c732bf-94e7-456a-936c-43d2bd2751b9/content
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hoy F. Carman, 1972. "Changing Federal Income Tax Rates and Optimum Farm Size," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(3), pages 490-491.
    2. Gerald W. Dean & Harold O. Carter, 1962. "Some Effects of Income Taxes on Large-Scale Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 44(3), pages 754-768.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Brake, John R. & Melichar, Emanuel, 1977. "Agricultural Finance and Capital Markets," A Survey of Agricultural Economics Literature, Volume 1: Traditional Fields of Agricultural Economics 1940s to 1970s,, Agricultural and Applied Economics Association.
    2. Michael Boehlje & Hoy Carman, 1982. "Tax Policy: Implications for Producers and the Agricultural Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(5), pages 1030-1038.
    3. Brake, John R. & Melichar, Emanuel, 1977. "PART VI. Agricultural Finance and Capital Markets," AAEA Monographs, Agricultural and Applied Economics Association, number 337218, january.
    4. 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.
    5. Volding, Gerald Thomas, 1976. "An economic evaluation of the cash and accural accounting systems for farmers," ISU General Staff Papers 1976010108000018152, Iowa State University, Department of Economics.
    6. Reid, Donald W. & Skees, Jerry R., 1985. "Some Potential Effects of Changing From a Progressive to a Flat Income Tax Rate Structure," 1985 Annual Meeting, August 4-7, Ames, Iowa 278654, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:isu:genstf:197612010800001044. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Curtis Balmer (email available below). General contact details of provider: https://edirc.repec.org/data/deiasus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.