House Speaker Thom Tillis (R-Mecklenburg) has released the following statement today after Gov. Pat McCrory signed the Tax Simplification and Reduction Act into law: "For decades, North Carolinians have languished under an archaic tax system that punished success and ignored the needs of a modern society. Through those years, many have tried and failed to bring true reform to the system in a way that benefits every taxpayer. Today, we are accomplishing what others could not by signing into law a historic measure that will bring tax relief to our citizens and make our state more competitive for economic development and job creation. This is a great day for North Carolina."