The Distribution of Tax Relief under Farm Circuit-Breakers: Some Empirical Evidence

Economists have devoted much attention to research on the effects of farmland property tax relief programs (Dunford 1980). Almost every state has some type of property tax relief program for farmland owners; about 46 states employ use value assessment for farmland and Wisconsin and Michigan use circuit-breaker programs that provide refundable income tax credits for property taxes that are excessive relative to household income.