Tax breaks may be why budget's broken

Statesman-Journal (editorial):

Oregon has been handing out tax breaks — officially called tax expenditures — far faster than it collects taxes.

The current Legislature is reviewing some tax breaks, which is a positive step but insufficient.

The state has close to 400 of those tax expenditures. They come as deductions, exemptions, reductions, exclusions, deferrals, credits and other tax breaks. Many are worthwhile. Some may be of dubious value as there's little concrete data to support their effectiveness.

Read the full article here. Discuss below.