Tag: tax breaks

Limiting oil and gas tax exemptions would help bring budget balance

In recent months, with the state confronting historic budget shortfalls for the coming fiscal year and critical services facing massive cuts, there has been growing attention paid to the vast array of exemptions, credits, deductions, and rebates known collectively as… Read more [More...]

Will the brakes be put on tax breaks?

There is definitely something in the air. Over the past several weeks, there has been a heavy flurry of attention paid to the state’s system of tax expenditures, the array of over 450 exemptions, credits, deductions and the like that… Read more [More...]

Taking credit: Task Force explores use and misuse of transferable tax credits

Are tax breaks for businesses a legitimate tool of economic development, or a form of corporate welfare? The fact is they can be either. The challenge is telling the two apart and ensuring through clear legislative language and ongoing oversight… Read more [More...]