The Effect of Consumption Based Taxes on Agriculture in the United States
| dc.creator | Marcu, Mihaela | |
| dc.creator | Moss, Charles B. | |
| dc.date | 2017-04-01T14:18:10Z | |
| dc.date.accessioned | 2026-07-09T03:27:00Z | |
| dc.description | Recently several proposals have arisen to replace the current income tax system in the United States with a consumption based or Fair Tax. This study investigates the effect of such a consumption based tax on agricultural investment decisions using stochastic optimal control to model the investment decision at the farm level. The results indicate that a consumption tax rate of 25.9 percent would be equivalent to the income tax rate paid by very large producers in the United States. | |
| dc.identifier | doi:10.22004/ag.econ.19217 | |
| dc.identifier | https://ageconsearch.umn.edu/record/19217/files/sp05mo06.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/19217 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/532747 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/19217 | |
| dc.title | The Effect of Consumption Based Taxes on Agriculture in the United States | |
| dc.type | Text |