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Taxation for Low Cost Wood Fiber *
Author(s) -
Lindholm Richard W.
Publication year - 1975
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1975.tb01196.x
Subject(s) - land tenure , land value , value (mathematics) , property tax , natural resource economics , business , government (linguistics) , economics , ad valorem tax , tree (set theory) , value added tax , double taxation , agricultural economics , public economics , tax reform , geography , agriculture , linguistics , philosophy , archaeology , machine learning , computer science , mathematical analysis , mathematics
A bstract . If forest industry taxation is to be put on a sound economic basis, the Federal Government, the largest land owner, should pay the same taxes as any other landowner, so that the social and economic effects of taxation are realized. Specialists report that the form of the property tax preferred for the taxation of the property of the forest industry, under most circumstances, is land value taxation, not the property tax based on income realized at some point In the future which presumed the continued existence of virgin forests. This paper recognizes that the forest industry now is based on harvests of tree crops and proposes a further development of the land value taxation principle in the form of a forest tax composed of a land value tax combined with a tax on tree growth which increases as growth as a percentage of volume growth decreases with the tree's increasing age.