IDEAS home Printed from https://ideas.repec.org/a/oup/revage/v24y2002i1p160-180..html
   My bibliography  Save this article

The Effects of a Federal Flat Tax on Agriculture

Author

Listed:
  • Christine A. Wilson
  • Allen M. Featherstone
  • Del D. Elffner

Abstract

This study examines the impact of a federal flat tax on agriculture by determining the tax liability under the current and flat tax systems using actual farm records. The study considers the linkages between agriculture and the rest of the economy by examining the impact of a flat tax on interest rates and capital investment and how those changes would affect agriculture. Results indicate that roughly 63% of agricultural producers would benefit from a flat tax in terms of lowering taxes paid. Under the flat tax, larger farms and more profitable farms would be relatively better off.

Suggested Citation

  • Christine A. Wilson & Allen M. Featherstone & Del D. Elffner, 2002. "The Effects of a Federal Flat Tax on Agriculture," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 160-180.
    • Handle: RePEc:oup:revage:v:24:y:2002:i:1:p:160-180.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/1058-7195.00011
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Homma, Masaaki & Shigeno, Yukiko & Fukushige, Mototsugu, 1995. "The Effect of the Consumption Tax on the Consumer Price―Estimation Using a Time Series Model―," Economic Review, Hitotsubashi University, vol. 46(3), pages 193-215, July.
    2. John E. Golob, 1995. "How would tax reform affect financial markets?," Economic Review, Federal Reserve Bank of Kansas City, vol. 80(Q IV), pages 19-39.
    3. Richardson, James W. & Smith, Edward G. & Knutson, Ronald & Gray, Allan W. & Klose, Steven L. & Nixon, Clair J., 1996. "Economic Impacts of a Flat Tax on Representative Crop, Livestock, and Dairy Farms: Revised," Working Papers 258075, Texas A&M University, Agricultural and Food Policy Center.
    4. Schuh, G. Edward, 1976. "The New Macroeconomics Of Agriculture," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 284009, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    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. Petit, Michel, 1988. "Presidential Address," 1988 Conference, August 24-31, 1988, Buenos Aires, Argentina 183061, International Association of Agricultural Economists.
    2. Andino, Jose & Mulik, Kranti & Koo, Won W., 2005. "The Impact Of Brazil And Argentina'S Currency Devaluation On U.S. Soybean Trade," Agribusiness & Applied Economics Report 23486, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Richard E. Just & Gordon C. Rausser, 1989. "An Assessment of the Agricultural Economics Profession," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(5), pages 1177-1190.
    4. Moss, Charles B. & Baker, Timothy G. & Brorsen, B. Wade, 1987. "Effects of Structural Changes in Macroeconomic Policy on Agricultural Prices," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269970, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Knutson, Ronald D., 1985. "Role Of The Southern Agricultural Economics Association In Extension," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(1), pages 1-9, July.
    6. Catherine Laroche-Dupraz & Marilyne Huchet-Bourdon & Anned-Linz Senadin, 2012. "Impact du taux de change sur la sécurité alimentaire des pays en développement," Post-Print hal-02746844, HAL.
    7. M. Huchet Bourdon & C. Laroche Dupraz, 2014. "National food security: a framework for public policy and international trade," FOODSECURE Working papers 17, LEI Wageningen UR.
    8. Cornell, Laurence D. & Sorenson, Vernon L., 1986. "Implications of Structural Change in U.S. Demand for Meat on U.S. Livestock and Grain Markets," Agricultural Economic Report Series 201355, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    9. Sun, Shiu-Jen, 1985. "The impact of macroeconomic developments upon the U.S. farm sector," ISU General Staff Papers 1985010108000018099, Iowa State University, Department of Economics.
    10. Zobbe, Henrik, 2002. "On The Foundation Of Agricultural Policy Research In The United States," Staff Papers 28644, Purdue University, Department of Agricultural Economics.
    11. Pagoulatos, Emilio & Azzam, Azzeddine & Kitazawa, Motoichiro, 1990. "An Econometric Analysis of the Forward Premium in the International Corn Market," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 17(3), pages 335-347.
    12. Richardson, James W. & Smith, Edward G. & Knutson, Ronald & Gray, Allan W. & Klose, Steven L. & Nixon, Clair J., 1996. "Economic Impacts of a Flat Tax on Representative Crop, Livestock, and Dairy Farms: Revised," Working Papers 258075, Texas A&M University, Agricultural and Food Policy Center.
    13. Dragan Miljkovic & Jungho Baek, 2019. "Monetary impacts and overshooting of energy prices: the case of the U.S. coal prices," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 32(3), pages 317-322, November.
    14. Deaton, Brady J. & Nelson, Glenn L., 1992. "Conceptual Underpinnings Of Policy Analysis For Rural Development," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 24(1), pages 1-13, July.
    15. Yazdanpanah, Ahmad, 1994. "The impact of oil price on food security in the Algeria, Iran, and Saudi Arabia: cointegration, vector-error correction model, dynamics, and causality analysis," ISU General Staff Papers 1994010108000011661, Iowa State University, Department of Economics.
    16. Langley, Suchada V. & Meyers. William H., 1980. "The Soybean Sector in the 1970's: An Analysis of Price Variability," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 279237, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    17. Thaiprasert, Nalitra, 2006. "Rethinking the Role of Agriculture and Agro-Industry in the Economic Development of Thailand: Input-Output and CGE Analyses (Ph.D. Dissertation)," MPRA Paper 1089, University Library of Munich, Germany.
    18. Penn, J.B., 1979. "Commodity Programs And Inflation," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278290, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. Christensen, Lee A., 1985. "Natural Resource Issues And Agricultural Policy: Ideas From A Symposium," Staff Reports 277686, United States Department of Agriculture, Economic Research Service.
    20. S. Ssekabira Ntege & C. Harmse, 2003. "Are Prices Sticky Downwards? The Effect Of Trade Liberalisation On South Africa'S Wine Industry," South African Journal of Economics, Economic Society of South Africa, vol. 71(4), pages 729-761, December.

    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:oup:revage:v:24:y:2002:i:1:p:160-180.. 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: Oxford University Press or Christopher F. Baum (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.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.