Comments on an Example of Forest Taxation in New Hampshire as Compared with an Example in Sweden, by J. W. Toumey and Erik Lindeberg

Mr. Murphy emphasizes the differences in market value depending on whether or not a forest property is managed on a sustained yield basis. He believes that since the bad market value situation is the result of a bad forest situation, the forest owners themselves have it in their own hands to cure both. He also calls attention to the considerable difference in cost of government in New Hampshire and Sweden and how it affects the tax rate.