Commentary: Tax breaks and incentives need to be revisited | McClatchy Washington Bureau

×
Sign In
Sign In
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

You have viewed all your free articles this month

Subscribe

Or subscribe with your Google account and let Google manage your subscription.

Opinion

Commentary: Tax breaks and incentives need to be revisited

The Lexington Herald-Leader

February 19, 2010 01:31 PM

A dollar is a dollar is a dollar.

At home that means we make choices on how to allocate those precious greenbacks: Buy things? Pay down debt? Invest for the future?

When things change — someone loses a job, an unexpected expense pops up or new priorities are set — we take stock to see if we need to make different choices because dollars don't really stretch.

In Frankfort, though, legislators seem to have missed this basic economics lesson.

The dollars the state gives away or chooses not to collect as incentives for economic development appear to go out the door with nary a question about the return on those investments.

In fact, we who supply those dollars don't know just how they're being used or what we're getting for them.

That's not going to change anytime soon, if the fate of two bills that would impose some accountability on tax incentive programs and tax breaks is any indication.

To read the complete editorial, visit www.kentucky.com.

Read Next

Opinion

This is not what Vladimir Putin wanted for Christmas

By Markos Kounalakis

December 20, 2018 05:12 PM

Orthodox Christian religious leaders worldwide are weakening an important institution that gave the Russian president outsize power and legitimacy.

KEEP READING

MORE OPINION

Opinion

The solution to the juvenile delinquency problem in our nation’s politics

December 18, 2018 06:00 AM

Opinion

High-flying U.S. car execs often crash when when they run into foreign laws

December 13, 2018 06:09 PM

Opinion

Putin wants to divide the West. Can Trump thwart his plan?

December 11, 2018 06:00 AM

Opinion

George H.W. Bush, Pearl Harbor and America’s other fallen

December 07, 2018 03:42 AM

Opinion

George H.W. Bush’s secret legacy: his little-known kind gestures to many

December 04, 2018 06:00 AM

Opinion

Nicaragua’s ‘House of Cards’ stars another corrupt and powerful couple

November 29, 2018 07:50 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service