Table 5 Simulated per-grower’s accounting outcomes and corresponding tax revenue
Variable | Scenario 1: Base model | Scenario 2: Per ounce taxationa | Scenario 3: Per ounce taxation + 10% increased output price | Scenario 4: Per ounce taxation + 10% decreased output price | Scenario 5-1: Per ounce taxation +10% decreased output price +5% decreased input price | Scenario 5-2: Per ounce taxation +10% decreased output price +10% decreased input price | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Profit (USD) | 145252.58 | 105405.49 | (− 27%) | 168418.67 | (16%) | 62655.52 | (− 57%) | 75563.62 | (− 48%) | 92058.88 | (− 37%) |
Output level (oz) | 5690.23 | 4129.23 | (− 27%) | 5597.96 | (− 2%) | 2727.24 | (− 52%) | 3289.09 | (− 42%) | 4007.09 | (− 30%) |
Total variable cost (USD) | 530462.41 | 384940.84 | (− 27%) | 615064.98 | (16%) | 228817.97 | (− 57%) | 275958.33 | (− 48%) | 336199.05 | (− 37%) |
Tax revenue (USD) | − | 39847.09 | − | 57880.32 | (45%) | 26317.84 | (− 34%) | 31739.76 | (− 20%) | 38668.44 | (− 3%) |