Record #:

30777

Author(s):

Silberman, Lee

Abstract:

Although there has been some fall off in tax collections as compared to estimates, a recent study by the Wall Street Journal shows that North Carolina is in no worse condition that many others states. A growing number of states that levy consumption taxes as a source of state operating revenue are falling into the red as spending outweighs recession-eroded revenues.

Source:

We the People of North Carolina (NoCar F 251 W4), Vol. 15 Issue 10, March 1958, p8-10

Subject(s):

Taxation--North Carolina; Budget