Hostname: page-component-78c5997874-xbtfd Total loading time: 0 Render date: 2024-11-02T21:28:06.828Z Has data issue: false hasContentIssue false
  • English
  • Français

The Impact of Property Tax Equalization on Rural Property in Oklahoma

Published online by Cambridge University Press:  05 September 2016

H. Evan Drummond
H. Evan Drummond*
Affiliation:
Oklahoma State University, Journal Article J-3046 of the Oklahoma Agricultural Experiment Station
Get access Rights & Permissions [Opens in a new window]

Extract

Public opinion surveys indicate that the local property tax is the least popular of all taxes paid by Americans, yet in almost every state such a tax is levied for the support of local government and/or public schools. The major economic argument against the property tax is its inequities — both vertical and horizontal. Several studies have focused on the vertical equity of property taxes in Oklahoma, but the question of horizontal equity remains unexplored. The research reported in this paper deals with the nature of horizontal inequities in the taxation of rural land in Oklahoma and with the impact of state-wide equalization on rural land values.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 7 , Issue 2 , December 1975 , pp. 77 - 83
Copyright
Copyright © Southern Agricultural Economics Association 1975

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

[1] Advisory Commission on Intergovernmental Relations. “Public Opinion and Taxes,” Washington, May 1972.Google Scholar
[2] Drummond, H. Evan. “The Incidence of Property Taxes on Agricultural Land,” Southern Journal of Agricultural Economics, Vol. VII, No. 1, pp. 131–136.Google Scholar
[3] Drummond, H. Evan and White, Fred C.. “Determinants of Rural Property Values in Georgia,” Southern Journal of Agricultural Economics, Vol. 5, No. 1, July 1973, pp. 259-64.Google Scholar
[4] Janssen, , Larry, and Luther, Tweeten. “Property Tax in Oklahoma: A Look At Some Criticisms,” Oklahoma Business Bulletin, Vol. 41, No. 10, Oct., 1973, pp. 16–23.Google Scholar
[5] Lowrance, , Danny, Lee. An Analysis of Current and Proposed Funding Formulae for Oklahoma Common Schools, Unpublished M.S. Thesis, Oklahoma State University, 1974.Google Scholar
[6] Oklahoma Statues, 1971, Title 68, Section 2463.Google Scholar
[7] Oklahoma Tax Commission, Ad Valorem Tax Division. 1970 Progress Report To The Legislature on Property Revaluation, Oklahoma City, 1970.Google Scholar
[8] Parcher, L.A. “Assessment and Taxation of Rural Real Estate,” Oklahoma Agricultural Experiment Station Bulletin B-696, Nov., 1971.Google Scholar
[9] Pasour, E.C. Jr., “Real Property Taxes and Farm Real Estate Values: Incidence and Implications,” American Journal of Agricultural Economics, Vol. 55, No. 4, November 1973, pp. 549-56.Google Scholar
[10] U.S. Bureau of the Census. Census of Agriculture 1969, Vol. 1, Pt 36, Oklahoma Section 2, Government Printing Office, Washington 1972.Google Scholar
[11] U.S. Bureau of the Census. Census of Population: 1970 Detailed Characteristics Final Report PC(1)-D38 Oklahoma U.S. Government Printing Office, Washington, 1972.Google Scholar
[12] Tulsa World, Tulsa, Oklahoma, April 22, 1975, p. 1.Google Scholar
[13] Schuh, G. Edward, and Scharlach, Wesley C.. “Quantative Analysis of Some Farm and Non-Farm Determinants of Agricultural Land Values — Impact of Economic Development,” Purdue University Research Bulletin No. 821, 1966.Google Scholar