30 CIP.CTLAP. 5 9 9. U. S. DZPAE 



Ir. Massachusetts. Xew Hampshire. 



In 



t:-. 



in m 



• ~,-..^- ■ - 



zx; :r a:-?.::tltt?.i 



I Xt~ York these values ire 

 u\ the : ruutv 1 : ar • e~tahlishes 

 :es :■.. s:hedule :i values is pre- 

 servation : mmiss: :u :: the 



oiividual >vr.er should reflect 

 • harvested. But this method 

 unties. The :~r_rr may 

 harvests, especially when they 



~:: p: _::-::.; pi hut. Ir. the 

 viedge :>i 2 ---- marker prices 



u :s. 



T -^=- 



T 



>y local official- pi les re 



ssessors with an undemanding 



re determined and a fairly 



s. These often may be found 



oufair . u > .u by k ;;d r.sses- 



: fores: laud 



drrs the possibility of the most 



ity is not always realized. A 



: values i : the m :s: imt rtaut 



ien applied to the volumes : : 



d.otk-t price i es u::. h :~eve: . 



r among all taxpayei . r t :u factors : ther 



value :f srumpage. Quality, list : :e from 



_uu_ ire the m st imp uouu. Sraim ge value 



difference between the valne of the manufa - 



be sosts f mannf actnring the product, in : 



rout and risk. For any ^uuu species i stand 



x) competitive markets, e - __ will 



~ e than a stand of inferior qua 1 ity f from 



and costly t i _ ud skid. If au average price 



rt is est dished for a gives species and if the 



h rerueut. every :— r.e: will pay Si pei M feet. 



:>age value in :ue :ase is Sid 1 , the erle:tive rate 



:eut. If the stump -age is worth :-rdy ?•: the tax 



ent* 



tes ::u:.:;u; :■ visions i ermirtmg the - stablish- 

 :es ::: aifrereu: z res. rat these ~ i :e us fa 



oeen used to any great extent Failure t relate as values 



more closely to actual values is a serious defect in the administration 

 of the yield tax. 



Another administrative problem has to do with the log rule 

 which forest products are measured. A number of different log rules 

 are in common use. and the volumes resulting from their use are not 

 uniform. The schedule of prices may be prepared in tern- : 

 official log rule but the adoption of such an official rule by any Si 

 does not always make its use mar by individual owner-. T us 



the established schedule of prices may not be applicable to volume 

 measures in common use. The problem can be resolved only 

 uniform use of one log rule within St the inversion of 



volt: m the rules in use to the ride on whi Lues ised. 



Most States ignore the problem completely. 



The issessm- 

 objective meas 



t the m .nner 



:. : u te know 



hi org. In s- 



- u has iistou 



The assessm 



ooo u pra:t: 

 st e ties pro d; :- 

 ea d :wuer :r 



rheve :mph 

 that steeies ;. 

 market, a :1 : : 

 is a deriv- vs 

 tured rr : iu :■: 

 iug .o d :wa: 

 : _ : audit 

 '-..--- _. higher - 

 a mar.ufa :turi; 

 of si ner M ' 

 rate t the vie" 

 Bot if the iu 



> 



i 



