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The state that collapsed because it couldn't tax itself

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Before Tennessee existed, there was the State of Franklin, a rogue territory that declared independence from North Carolina in 1784. They drafted a constitution, set up a government, and then realized they had absolutely no money and no functioning tax system. After four years of paying officials in raccoon skins and whiskey, the entire state quietly folded and pretended it never happened.

The state that collapsed because it couldn't tax itself
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