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| Registros recuperados: 20 | |
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| Durst, Ron L.. |
| Significant changes in Federal individual income and estate tax policies have occurred over the last 10 years. Analysis suggests that changes in Federal 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 Federal 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 percent of commercial farm estates could owe... |
| Tipo: Report |
Palavras-chave: Income tax; Estate tax; Tax rates; Estate; Federal tax policy; Farm losses; Commercial farms; Farm Management. |
| Ano: 2009 |
URL: http://purl.umn.edu/58619 |
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| Durst, Ron L.; Monke, James D.; Maxwell, Douglas L.. |
| Concern among policymakers that the Federal estate tax might force the liquidation of some family farms has resulted in the enactment of a variety of special provisions over the years. Providing relief to farmers and other small business owners was the primary impetus for the 1997 changes to Federal estate and gift tax policies and a major objective of the 2001 law that will phase out and eventually repeal the Federal estate tax. While only about 4 percent of all farm estates owe Federal estate taxes, a much larger percentage of farm estates must file an estate tax return, make use of special farm provisions, alter their business practices, or engage in costly estate planning in order to reduce the impact of the estate tax on their farm business. Thus, the... |
| Tipo: Report |
Palavras-chave: Agricultural Finance; Public Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/33627 |
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| Dismukes, Robert; Durst, Ron L.. |
| In recent farm policy debates, proposals for a whole-farm revenue safety net program have been put forward that could provide a farm-income safety net for a wide variety of farming activities. These proposals include income- stabilization accounts and whole-farm revenue insurance. Risk protection from income-stabilization accounts would depend on the reserves in individual accounts and the structure of program benefits. Experience with farm savings accounts in Canada and Australia suggests that lack of adequate account balances and buildup of balances beyond the level required for risk management can reduce program effectiveness. Whole-farm revenue insurance could overcome these problems since coverage would not depend on the farmer's ability to build an... |
| Tipo: Report |
Palavras-chave: Agricultural and Food Policy; Risk and Uncertainty. |
| Ano: 2006 |
URL: http://purl.umn.edu/33893 |
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| Durst, Ron L.. |
| The current $2.5-million income cap on eligibility for farm program payments affects only a small number of farm program payment recipients each year. A reduction in the cap to $200,000 would affect a larger number of farm households but still only a small share of recipients. Based on IRS tax data for 2004, about 1.2 percent of all farm sole proprietors and about 2 percent of crop share landlords would be potentially subject to the proposed lower adjusted gross income (AGI) cap. ARMS survey data suggest a similar share of farm sole proprietors (1.1 percent) could be affected. When partnerships and farm corporations are included, about 1.5 percent of all farm operator households could be affected because a larger share of farm partnerships (2.5 percent)... |
| Tipo: Report |
Palavras-chave: Farm program payments; Adjusted gross income; Farm typology; Tax data; AGI cap; Farm households; Agricultural Resource Management Survey; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/59027 |
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| LeBlanc, Michael; Hrubovcak, James; Durst, Ron L.; Conway, Roger K.. |
| The Tax Reform Act of 1986 significantly changed incentives for investing. This analysis specifically examines how changes in marginal tax rates, depreciation schedules, and the investment tax credit altered the cost of capital and net investment in agriculture. A stochastic coefficients econometric methodology is used to estimate an investment function which is then used to simulate the effects of tax reform. Estimates indicated that relative to prior law, the Tax Reform Act will reduce the capital stock of farm machinery and equipment by nearly $4 billion. |
| Tipo: Journal Article |
Palavras-chave: Agricultural Finance; Farm Management. |
| Ano: 1992 |
URL: http://purl.umn.edu/30743 |
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| Johnson, James D.; Perry, Janet E.; Korb, Penelope J.; Sommer, Judith E.; Ryan, James T.; Green, Robert C.; Durst, Ron L.; Monke, James D.. |
| Family farms vary widely in size and other characteristics, ranging from very small retirement and residential farms to establishments with sales in the millions of dollars. The farm typology developed by the Economic Research Service (ERS) categorizes farms into groups based primarily on occupation of the operator and sales class of the farm. The typology groups reflect operators' expectations from farming, position in the life cycle, and dependence on agriculture. The groups differ in their importance to the farm sector, product specialization, program participation, and dependence on farm income. These (and other) differences are discussed in this report. |
| Tipo: Report |
Palavras-chave: Agricultural Resource Management Study (ARMS); Family farms; Farm businesses; Farm financial situation; Farm operator household income; Farm operators; Farm structure; Farm typology; Female farm operators; Government payments; Spouses of farm operators; Taxes; Agricultural Finance; Farm Management. |
| Ano: 2001 |
URL: http://purl.umn.edu/33707 |
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| Farrigan, Tracey L.; Durst, Ron L.. |
| Over the past two decades, the Federal tax code increasingly has been used as a tool for achieving social and other policy objectives, primarily through the expanded use of tax credits. A larger share of rural taxpayers benefit from Federal tax policies aimed at lower income taxpayers because they have historically had lower incomes and higher poverty rates than urban households. The earned income and child tax credits have provided a substantial boost in income to low and middle-income rural taxpayers and have reduced the rural poverty rate. |
| Tipo: Article |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries. |
| Ano: 2011 |
URL: http://purl.umn.edu/121099 |
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| Durst, Ron L.. |
| The earned income tax credit (EITC) has become a major source of income support for low-income rural workers and their families, especially in the South, where the rural poor are concentrated. Program benefits for rural areas are expected to total about $6 billion in 1996, nearly double the 1992 amount, providing benefits to an estimated 4.5 million low-income rural workers and their families. Increasing concerns about escalating costs and the targeting of benefits may result in changes to the EITC program that would reduce both benefit levels and the number of eligible low-income rural workers. Proposed changes to improve the targeting of benefits would exclude many farmers from the program. |
| Tipo: Report |
Palavras-chave: Community/Rural/Urban Development; Public Economics. |
| Ano: 1996 |
URL: http://purl.umn.edu/33743 |
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| Registros recuperados: 20 | |
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