Unhappy returns: Ending tax ‘loophole’ not a good approach
A "little bit of an uptick” is how state Treasurer Scott Meacham described March revenue collections, which were higher than they were in the comparable month of 2009. But two consecutive months of positive revenue news doesn’t a recovery make. Along with the Oklahoma Policy Institute’s David Blatt, we’ve been urging lawmakers to use the downturn to find sensible new sources of revenue (such as ending or capping ineffective tax credits) and to better prepare for the next downturn.
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