The Impact of Federal Income Taxes on Farm People (Classic Reprint)

The Impact of Federal Income Taxes on Farm People (Classic Reprint) PDF

Author: Frederick Doster Stocker

Publisher: Forgotten Books

Published: 2017-03-10

Total Pages: 40

ISBN-13: 9780243886555

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Excerpt from The Impact of Federal Income Taxes on Farm People The unprecedented amount of Federal income taxes paid by farm residents in 19h8 resulted partly from the fact that in 19h7 taxable income reached an all - time peak. Likewise, tax rates, although they were reduced slightly from World War II levels by the Revenue Act of l9h6, applied at relatively high rates to l9h7 incomes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Federal Tax Policies and Farm Households

Federal Tax Policies and Farm Households PDF

Author: Ron Durst

Publisher: DIANE Publishing

Published: 2010-02

Total Pages: 26

ISBN-13: 1437924484

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Changes in Fed. tax provisions affecting both individual and business income taxes have reduced average tax rates for all farm households, resulting in the lowest tax burden on farm income and investment in a decade. Similarly, an analysis of the changes to Fed. estate tax policies suggests that increases in the value of property that can be transferred to the next generation free of the estate tax, combined with special provisions for farmers and other small businesses, have greatly reduced the number of farm estates subject to the tax and the amount owed. While nearly 10% of commercial farm estates could owe tax in 2009, only 1-2% of all farm estates are estimated to be subject to the Fed. estate tax this year. Charts and tables.