The advantages of equal income tax rates for all businesses rates

摘要

Society of American Foresters position statements on income taxes have historically advocated federal tax policies that encourage forest management investment. This paper recommends a different approach, based on the economic theory that from a financial view, economies tend to be most efficient if taxes are evenhanded and no less discouraging to one type of investment than to another. The analysis points out problems in justifying lower tax rates for timber production than for other ventures.