The Arizona Republic
Wednesday, March 9, 2016
When it comes to state-government finances, Republican and Democratic lawmakers agree on one thing: They hate tax credits.
You would never know by watching them.
Over the past two decades, the Legislature has created dozens of income-tax credits, starving the state's general fund of more than $400 million a year that instead goes directly to taxpayers' favorite schools, charities and business ventures.
State leaders agree the piecemeal handouts are destroying Arizona's tax system — by overcomplicating it, some say, and by removing too much from the state coffers, others argue.
Still, lawmakers continue to pile on more credits.
It's a bad policy that feels good.
http://www.azcentral.com/story/news/politics/legislature/2016/03/09/tax-...