600 MISC. PUBLICATION 218, U. S. DEPT. OF AGRICULTURE 
of timber was assumed for all States in preparing this table. Since 
the tax burden on timber is rarely as heavy as this in any State, the 
last column in this table may be considered as indicative of the 
maximum State-wide tax rate on full value which might possibly be 
needed to establish and maintain the State timber-tax fund. In most 
cases the timber tax actually deferred in the initial year would be 
very much less than the amount given in column 5. 
TABLE 158.—Mazimum initial cost of establishing a Siate timber-tax fund,' selected 
States 
Value of forest Additional 
State-wide 
: Annual tax rate to 
Cine timber Value ofall | establish 
tax, rate 2 property timber-tax 
Total Land Timber percent fund with- 
out bor- 
rowing 
1,900 dollars|1,000 dollars\1,000 dollars|1.000 dollars| 1,000 dcllars Percent 
ISAT Wh a Vo Yera, 5 5 el Ns a ee ee 182, 058 28, 120 153, 938 3, O79 1, 219, GOO 0.17 
New Hampshire-_---_-------- 53, 364 11, 844 41, 520 830 1, 283, 000 .07 
VERN ON ese es as 60, 362 9, 564 50, 798 1, 016 799, 000 .14 
ING Wire COD Kee erent entre erica 154, 616 28, 578 126, 038 2, 521 33, 019, 000 EO1 
Delaware 222 = eee. 3, 946 960 2, 986 60 588, 000 .01 
Manyara a eee 22, 406 6, 414 15, 992 320 3, 742, 000 .O1 
Mi chicane se ae ees ee 151, 112 33, 414 117, 698 2, 354 10, 890, 000 . 02 
Waisconsiniee he Ae ee es 109, 954 29, 924 80. 030 1, 601 7, 545, 000 . 02 
Minnesota eee 65, E88 33, 848 32, 740 655 8, 237, 000 . 01 
IMNSSOUTI as 2 0 eee ee ke 73, 408 32, 908 40, 500 810 9, 612, 000 . 01 
AMENN ESSEC Rae Aa eee 109, 910 41,139 68, 771 1, 375 3, 978, 000 . 04 
Keen tii key te ae ee et 73, 164 30, 831 42, 333 847 3, 401, 000 . 03 
WiesthVirciniasa oe 72, 190 28, 434 43, 756 875 4, 446, 000 . 02 
MIreinig=s 2522 eas eee 123, 893 42, 630 81, 263 1, 625 4, 542, 000 . 04 
INorthi@ arolina see 187, 510 59, 448 128, 062 2, 561 4, 381, C00 . 06 
Southi Carolinas ees 122, 440 37. 116 85, 324 1, 706 2, 289 000 . 08 
Georeia ss eee ee ee 192, 206 67, S09 124, 297 2, 488 3, 726, 000 . 07 
WlOrIiGa sees SP ee 147, 248 69, 015 78, 233 1, 565 2, 329, 000 . 07 
FAN aD ain gegen see el Seo 144, 966 63, 939 81, 027 1, 621 2, 891, 000 . 06 
Mississippitts 22 ea ee 158, 285 54, 813 103, 472 2, 069 2, 081, 000 .10 
AZOUISIATI Neen eee 176, 085 53, 550 122, 535 2, 451 3, 237, 000 . 08 
Arkansas: 22 Sethi See sie RU 191, 251 62, 946 128, 305 2, 566 2, 520, 000 aibk 
Oklahomactat som tere wes 24, 464 12, 672 11, 792 235 3, 627, 000 . O1 
PP OXAS SS oo eB se eee 124, 186 37, 854 86, 332 1b PAE 9, 453, 000 . 02 
Montana’ Stes ee eee ee 26, 541 6, 302 20, 239 405 1, 990, 000 . 02 
idaho k eo ate es aie ees 70, 826 8, 374 62, 452 1, 249 1, 258, 000 .10 
Why OMinole2 Sek Pee RS 3, 862 1,176 2, 686 54 650, 000 01 
ING@wAMiexi@o sass ene 5, 621 2, 184 3, 437 69 737, 000 01 
Washing tonbese a eeaaee 332, 585 21, 004 311, 581 6, 232 4, 695, 000 14 
Oregons 2 Sa eee oss 321, 940 27. 442 294, 498 | 5, 890 3, 059, 000 21 
California y= see eee eke 283, 219 17, 628 | 265, 591 | 
5,312 | 14, 050, 000 - 04 
1 Sources of data: Column 2, from table 67, column 2 in part 6; column 3 by computation from table 68 
using columns 2 and 3; column 6 from Statisuen! Abstract of the United States, 1931, p. 298; columns 4, 5, 
column 5 
and 7 by computation, column 7=- Tn g—column 4 
Table 158 indicates that the State timber-tax fund could probably 
be established in all forest States, with the exception of Maine, 
Vermont, Arkansas, Washington, and Oregon, by a tax of 1 mill or 
less on the market value of all taxable property, taking into account 
the fact that part of the additional tax on timber would also be 
deferred. In Washington the fund could probably be established 
by a tax rate of 1 mill or less, because in this State the annual yield 
is relatively large in proportion to the value of all timber and the 
fund would be augmented to a considerable extent by the tax pay- 
ments upon receipt of a yield. The receipt of yields from timber in 
other States also would tend to make possible the establishment of 
the fund with a State-wide tax rate lower than the rate shown. 
