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Advertising tax charged as discriminatory by press group
The Joint Finance Committee heard that a proposed 3 percent tax on advertising receipts for newspapers radio and TV would discriminate against them since other North Carolina businesses pay no gross receipts tax. William E E Horner of the North Carolina Press Association said the levy targets a service rather than a commodity and would hit small papers hard.
MENTIONED IN THIS ARTICLE
Raleigh
Joint Finance Committee
William EE. Horner
The
North Carolina Press-Assn
North Carolina
D. J. Rose
Wayne
Horner
Carolina Aces and Telegraph Co
Memorial Hospital
Chapel Hill
Budget Commission
University of North Carolina Health Affairs Division
North Caro