Some tax preferences don’t serve the public good

Commentary | February 3, 2010 | By John Burbank | Everett Herald

Most of us have a sense of how much a dollar will buy. But it turns out there are times when is a buck is worth more than face value. For example, every public dollar we spend is actually worth about $1.41. So given the state’s projected revenue shortfall, it’s worth examining whether the numerous tax exemptions and preferences that have crept into our tax code over the years - nearly 600 of them, at last count - still serve a compelling public purpose.

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Posted in An Inclusive Economy, Column, Progressive Tax Reform