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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
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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

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References

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