Income tax reform and California farmers: Who wins and who loses?
Hoy F. Carman, University of California
Robert Innes, University of California
California Agriculture 41(11):4-7. DOI: 10.3733/ca.v041n11p4.
Hoy F. Carman is Professor, Department of Agricultural Economics, University of California, Davis. Robert Innes is Assistant Professor, Department of Agricultural Economics, University of California, Davis.
By placing restrictions on tax incentives, the new law may discourage tax shelter investments in agriculture. Investment decisions will be based more on economics and less on possible tax losses.