The Willamette River Case: Gains 



245 



TABLE 51. Regional Distribution of Gains to Utility Equity Owners 

 from Federal Poiver Sold by Private Utilities 



Discrepancy in totals caused by rounding. 

 Weights derived from tax Model A. 



equivalent reduction in tax burdens of other taxpayers, about 

 $8,800 of this gain would accrue to residents of the Pacific Coast 

 region, whereas $61,600 would go to households in the rest of 

 the country. The other half, or $70,200 after taxes, would accrue 

 to equity owners in the commercial and industrial establishments. 

 We assume, as in the case of the preference customers' sales to 

 business establishments, that three-quarters of the equity securities 

 are owned by residents of the Pacific Coast region, while a quarter 

 are held by residents in other parts of the country. Accordingly, 

 in the case of after-tax rewards to venture capital, residents of the 

 region would receive about $52,800, and those in other regions 

 about $17,600. 



Using the same assumptions as for the commercial sales of the 

 public distributors, $30,700 would be labor's share and $56,300 the 

 consumers' share in the region; and $28,400 would be enjoyed by 

 consumers outside the region. 



The regional distribution of these total gains from the federally 

 developed power supplied to private electric utilities for resale is 

 summarized in Table 52. 



