In this installment of "Cross Examination," Dr. Willis Dunbar moderates a panel discussion concerning the 4% tax on corporations proposed by Governor G. Mennen "Soapy" Williams. Justin Brocato argues that the tax is the best way to eliminate the estimated deficit of $61 million which the state is facing. Duncan Rice opposes the tax on the grounds that it punishes small business. The two panelists answer a variety of questions from Dunbar and lawyers C.H. Mullin and William Sykes concerning the finer points of the proposed tax and its effects on business and the economy.
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