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New York's experience with the optional yield tax approach

Author: Greason, M.C.
Date: 1988
Periodical: In: Forest Taxation: Adapting in an Era of Change; 1988 May 20-22; Atlanta, GA. Madison, WI: Forest Products Research Society
Abstract: Eight out of ten New Yorkers are urban dwellers. Their votes and concerns significantly impact rural New York as they escape their cities in search of tranquility. As they buy second homes or demand new shopping centers, forest ownership is fragmented. Land prices skyrocket, raising assessments and property taxes. Ad valorem taxes have no relation to forest productivity. New York's forest tax law attempts to provide equitable property taxes related to forest productivity for the serious forest manager.


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