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Incremental impacts of the tax reform act of 1986 on western beef cattle ranch values

Author

Listed:
  • David K. Lambert

    (Department of Agricultural Economics, University of Nevada-Reno)

  • Gordon Myer

    (Department of Agricultural Economics, University of Nevada-Reno)

Abstract

The Tax Reform Act of 1986 has been shown to greatly impact after-tax net farm incomes for sole proprietor agricultural enterprises. Capitalization of these income reductions into land values of a typical Western beef cattle ranch is assessed in this article. Total effects of the Act may decrease the value of a typical ranch by 40%.

Suggested Citation

  • David K. Lambert & Gordon Myer, 1988. "Incremental impacts of the tax reform act of 1986 on western beef cattle ranch values," Agribusiness, John Wiley & Sons, Ltd., vol. 4(5), pages 425-432.
    • Handle: RePEc:wly:agribz:v:4:y:1988:i:5:p:425-432
    DOI: 10.1002/1520-6297(198809)4:5<425::AID-AGR2720040503>3.0.CO;2-T
    as

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    References listed on IDEAS

    as
    1. Arthur H. Smith & William E. Martin, 1972. "Socioeconomic Behavior of Cattle Ranchers, with Implications for Rural Community Development in the West," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(2), pages 217-225.
    2. C. Arden Pope III, 1985. "Agricultural Productive and Consumptive Use Components of Rural Land Values in Texas," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(1), pages 81-86.
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