Tax Policy:
Economic Effects of Selected Current Tax Provisions on Agriculture
GGD-86-126BR: Published: Aug 11, 1986. Publicly Released: Aug 11, 1986.
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In response to a congressional request, GAO provided information on how current tax law affects the agricultural sector, specifically: (1) the distribution of farms and income; (2) farm profits and losses claimed by individual taxpayers; (3) the economic effects of selected tax provisions; and (4) the amount and distribution of nonfarm income reported by taxpayers filing a Schedule F Form.
GAO found that: (1) in 1984, the number of farms was approximately 2.3 million; (2) 60 percent of U.S. farms were small farms with annual sales of less than $20,000; (3) 4.6 percent of all farms had annual sales of $250,000 and accounted for almost half of the gross cash farm income; (4) in 1983, 2.7 million taxpayers reported farm income and losses and net farm losses exceeded net farm profits by approximately $9.3 billion; (5) under current tax laws, favorable taxation of farm capital has contributed to greater farm output and lower farm prices; (6) proposed tax reform legislation would result in less farm output and higher farm prices; and (7) 90 percent of the 2.7 million individuals who reported farm income and losses in 1982 had nonfarm incomes of $50,000 or less, while 35 percent had nonfarm incomes of $10,000 or less.
Nov 17, 2020
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Puerto Rico Electricity:
FEMA and HUD Have Not Approved Long-Term Projects and Need to Implement Recommendations to Address Uncertainties and Enhance ResilienceGAO-21-54: Published: Nov 17, 2020. Publicly Released: Nov 17, 2020.
Jul 16, 2020
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Targeting Federal Funds:
Information on Funding to Areas with Persistent or High PovertyGAO-20-518: Published: Jul 16, 2020. Publicly Released: Jul 16, 2020.
Jun 25, 2020
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National Flood Insurance Program:
Fiscal Exposure Persists Despite Property AcquisitionsGAO-20-508: Published: Jun 25, 2020. Publicly Released: Jun 25, 2020.
Jun 11, 2020
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American Samoa:
Economic Trends, Status of the Tuna Canning Industry, and Stakeholders' Views on Minimum Wage IncreasesGAO-20-467: Published: Jun 11, 2020. Publicly Released: Jun 11, 2020.
Apr 28, 2020
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Priority Open Recommendations:
Small Business AdministrationGAO-20-501PR: Published: Apr 21, 2020. Publicly Released: Apr 28, 2020.
Mar 9, 2020
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La Agencia Federal para el Desarrollo de la Pequeña Empresa:
el Procesamiento de Préstamos para Desastres Fue Más Puntual, Pero Mejoramientos en la Planificación y la Evaluación del Programa Piloto son NecesariosGAO-20-369: Published: Feb 7, 2020. Publicly Released: Mar 9, 2020. -
Small Business Administration:
Disaster Loan Processing Was Timelier, but Planning Improvements and Pilot Program Evaluation NeededGAO-20-168: Published: Feb 7, 2020. Publicly Released: Mar 9, 2020.
Jan 28, 2020
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Innovative Technologies in Manufacturing:
Commerce Has Stopped Efforts to Implement Loan Guarantee ProgramGAO-20-326R: Published: Jan 28, 2020. Publicly Released: Jan 28, 2020.
Oct 8, 2019
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Puerto Rico Electricity Grid Recovery:
Better Information and Enhanced Coordination Is Needed to Address ChallengesGAO-20-141: Published: Oct 8, 2019. Publicly Released: Oct 8, 2019. -
Recuperación De La Red Eléctrica En Puerto Rico:
Se Necesita Mejor Información y Coordinación para Enfrentar DesafíosGAO-20-143: Published: Oct 8, 2019. Publicly Released: Oct 8, 2019.
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