The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter VII. The farm tax problem in Missouri

Collection:: Economics Books

212 THE FISCAL PROBLEM IN MISSOURI samples. To the extent that the samples are representative of farms in general throughout the states, the comparisons are entirely valid. On the other hand, it must be admitted that probably the data for at least a few of the states are not fairly representative, and, so far as this is true, it is desirable that other data be presented. Any one familiar with agricultural conditions in Missouri knows that the northwestern counties, data for which are shown in Table 58, are unquestionably superior from an agricultural standpoint to a large part of the land south of the Missouri River Valley. In view of the importance of factors such as those men- tioned, it was decided to obtain from other sources data that might throw some light on the relationship between taxes and income from agriculture as a whole in Missouri and in the other states in the same section. As stated previously, estimates of the general property tax on all farm property in Missouri in 1927 and of the amounts paid by farmers on account of the two principal forms of motor vehicle taxation, were made by the United States Department of Agriculture, which also compiled data for the gross value of crops, the gross value of animal products, the gross income from farm production, and the cash income! from farm production in the several states. While these data are in the nature of estimates, and there is, therefore, some margin of error, the data may be used for comparisons that will tend to support or to disprove the conclusion previously reached, namely, that in relation to net rent from farm operation the various studies show that taxes are relatively low in Missouri. Table 67 shows the supplementary data for Missouri and eleven other states for the year 1927. The data for gross value of crops and gross value of animal products when compared with taxes do not prove anything in themselves, and they are presented in connection with the other data merely as a matter of interest. The important ratios to be considered are those of taxes to gross income and to cash income. It may be seen in Table 67 that Missouri ranked tenth in general property taxes on all farm property, seventh in respect to gross income from farm production, and eighth on the basis of cash income from farm production. When the ratios of 1 Cash income should not be confused with net income.

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