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Economic Impacts of the 1981 Agricultural Act and the 1981 Tax Act on Texas High Plains Farmers

Published online by Cambridge University Press:  28 April 2015

James W. Richardson ,
Clair J. Nixon  and
Edward G. Smith
James W. Richardson
Affiliation:
Texas A&M University
Clair J. Nixon
Affiliation:
Texas A&M University
Edward G. Smith
Affiliation:
Texas A&M University
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Extract

During 1981 two major pieces of legislation were passed that will greatly influence the economic welfare of farmers in the United States. First to be passed was the Economic Recovery Tax Act, and second was the Agriculture and Food Act. These two laws will likely have significant impacts on commercial farmers throughout the next decade.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 14 , Issue 2 , December 1982 , pp. 71 - 76
Copyright
Copyright © Southern Agricultural Economics Association 1982

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References

Beach, D. B. “The Development of Machinery Selection Technique.” Dept. of Agr. Engr., Texas A&M University, Mimeo, 1981.Google Scholar
Government Printing Office. Economic Recovery Tax Act of 1981 Public Law 97-34. Washington, D.C., August 13, 1981.Google Scholar
Johnson, J., Rizzi, R. W., Short, S. D., and Fulton, R. T.. Provisions of the Agriculture and Food Act of 1981. USDA-ERS-NED, Staff Report No. AGES811228, 1982.Google Scholar
Prentice-Hall, Inc. Handbook of the Economic Recovery Tax Act of 1981. Englewood Cliffs: N. J., 1981.Google Scholar
Richardson, J. W. and Nixon, C. J.. “The Farm Level Income and Policy Simulation Model: FLIP-SIM.” DTR 81-2, Dept. of Agr. Econ., Texas A&M University, 1981.Google Scholar
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