Industrialists lament tax burden (sound familiar?)

“With the convening of the legislature, agitation for tax reform increases…. Prominent industrialists have stated that the state is beginning to suffer acutely as a result of the burden of tax upon industry. In fact, many industrial enterprises have gone to Alabama, Georgia, Florida and other states recently to escape the burden of taxation in North Carolina.”
– From “Tax Reform Looms in North Carolina” in the Wall Street Journal (Jan. 5, 1927)

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