Studies In State Taxation With Particular Reference To The Southern States (volume 18) by Jacob Harry Hollander

Studies In State Taxation With Particular Reference To The Southern States (volume 18)

byJacob Harry Hollander

Paperback | February 1, 2012

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1900. Excerpt: ... II. TAXATION IN NORTH CAROLINA1 By GEORGE ERNEST BARNETT J» Econom1c Character1st1cs Few states in the Union have struggled with greater difficulties in the construction of a satisfactory financial system than North Carolina. Omitting from comparison the wealthier and more densely settled states of the East and middle West, let us compare North Carolina with its neighbor on the north. The areas of North Carolina and Virginia are nearly equal; the populations of the states almost exactly the same in number; practically the same needs of government have to be satisfied in the two states; and yet the total assessed value of property in Virginia is nearly twice that in North Carolina." The valuation of assessed property per capita for the United States in 1890 was $407.88, while the valuation for North Carolina was only $145.43. Only one state in the Union had a lower per capita valuation. When it is borne in mind that the cost of state government increases with growth of population while the sources of revenue depend 1 In the preparation of this paper I have received assistance from Hon. Hal. W. Ayer, State Auditor of North Carolina; from Hon. W. H. Worth, Treasurer of North Carolina; and from Herbert Clement, Esq., of Mocksville, N. C. Mr. Ayer and Prof. J. S. Bassett of Trinity College, Durham, N. C, have done me the favor of reading the proof. It is just to these gentlemen to say that they are in no way responsible for any opinions advanced herein. 1 According to the census of 1890, the total assessed value of property in Virginia was $415,249,107; and in North Carolina, $235,300,674. most largely on the growth of wealth, the difficulty of the problem presented in North Carolina becomes easily apparent. Under such conditions, the general property tax...

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Title:Studies In State Taxation With Particular Reference To The Southern States (volume 18)Format:PaperbackDimensions:82 pages, 9.69 × 7.44 × 0.17 inPublished:February 1, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:021705790X

ISBN - 13:9780217057905

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