This report (PDF file) received no press attention when it was released back in November, but it deserves widespread and intense consideration ... for it shows conclusively that large corporations in North Carolina "are granted more costly tax loopholes as a percentage of total tax revenue than those given to individuals."
The upshot is the subtle shifting of the tax burden off the richest entities and onto the rest of us poor slobs.
Meanwhile, rarely a day went by that we didn't hear our state senator Virginia Foxx complain about how unfair the North Carolina "business tax" was.
Monday, December 05, 2005
North Carolina Tax System Favors Big Corporations
Posted by J.W. Williamson at 12/05/2005 02:47:00 PM
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