The potential economic impacts of alternative state taxes on different size Texas farms /

abolition of agricultural sales tax exemptions would have on

Bibliographic Details
Main Author: Marburger, Darla Ann, 1973-
Format: Thesis eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified] ; 1997.
Subjects:
Online Access:Link to OAKTrust copy
Description
Summary:abolition of agricultural sales tax exemptions would have on
activity tax. If the baseline tax scenario were not an
adverse tax strategy for all of the seven farms, doubling
agricultural commodities (beef cattle, cotton, feed grains,
As school property tax rates rise to meet the increasing
baseline, and the three tax alternatives from the staff work
business activity tax, a business gross receipts tax, and the
costs of education, so do lawmaker's concerns that this
density function for the net present value of each farm to be
determine which tax strategy a risk-averse decision maker
elected officials to examine possible alternatives to the
farms were simulated under four different scenarios (a
five of the seven representative farms, while the two fanns
group report) for I 00 iterations over a seven-year planning
horizon. FLIPSIM results generated an empirical probability
indicated that the baseline tax scenario was preferred by
option, all of the farrns would prefer the business activity
representative farms producing five of the state's chief
rice, and dairy) in different regions of the state. The
school property tax. The group suggested three alternatives.
simulation model (FLIPSIM) was used to simulate seven
staff work group was formed by the Governor and other state
stagnant tax base may need to be replaced by a more dynamic
tax alternative. Prior to the Seventy-Fifth Legislature, a
tax. The sales tax strategy was the most economically
the economic viability of Texas farms. A whole farm computer
This thesis investigates the individual impacts that a
used by STODOM, a stochastic dominance computer program, to
with the lowest net cash farm income preferred the business
would prefer for each representative farm. The results
Item Description:"Major subject: Agricultural Economics".
Vita.
Physical Description:xi, 87 leaves : illustrations ; 28 cm.
Also available online.
Issued also on microfiche from Lange Micrographics.
Bibliography:Includes bibliographical references: pages 83-86.