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Show THINK ITS OVER. Back in 1910 the people of California Cali-fornia passed a law taxing savings bank deposits. The law has been ignored by assessors as-sessors as taxation of such deposits is nearly always double taxation as these accounts are usually held to payoff pay-off indebtedness on property already taxed. Now the law is to be enforced In the mean time the city of New Orleans is carrying on a nation wide campaign to attract industries and home buyers and one of the main arguments ar-guments in its advertisements is that "bank accounts in Louisiana are not taxed." This is a good object lesson for California or any other state with the taxation mania. Legislators may-tax may-tax and regulate a man to dea'li, and drive money out of the state but so far no legislator has been able to pais a law which could force a man v do business under adverse condicions. Think it over. |