A Simple General Test for Tax Bias
Bibliographic Data
| ID | 2796629 |
|---|---|
| Authors | Mason Gaffney (University of California System, corresponding author) |
| Year | 2006 |
| Volume | 65 |
| Issue | 3 |
| Pages | 733-749 |
| Publication date | 2006-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Economics and Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0002-9246 • E-ISSN: 1536-7150 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1536-7150.2006.00471.x |
| OpenAlex | W1996185895 |
| Language | EN |
| Citations received | 4 |
| References cited | 3 |
The paper infers the biasing effects of taxes from their differential effects on the present values of rival uses for given tracts of land. After-tax wage rates, interest rates, and commodity prices are exogenous, hence not affected by taxes, which are therefore all shifted to land rents and values. The effects are differential among rival uses, hence change their ranking in the eyes of the landowner-manager. Most taxes downgrade the highest use into a lower use, inducing quantum leaps away from higher and better uses into lower and worse uses. The paper uses forestry as an allegory for all land uses. It compares yield taxes, property taxes, income taxes, and site value taxes. It finds that a change from the first three to the site value tax would induce quantum leaps from lower to higher uses of land
Econometrics · Economic rent · Economics · Financial economics · Labour economics · LEAPS · Microeconomics · Statistics · Value (mathematics) · Wage · Economic and Environmental Valuation · Forest Management and Policy · Housing Market and Economics · Mathematics
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,2 |
| Citation span | 2006 - 2023 (18) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |