Economy
Today, Alamance County is often described as a "bedroom" community, with many residents living in the county and working elsewhere due to low tax rates, although the county is still a major player in the textile and manufacturing industries.
The current county-wide tax rate for Alamance County residents is 57.5 cents per $100 valuation. This does not include tax rates imposed by municipalities or fire districts.
Read more about this topic: Alamance County, North Carolina
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)