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11/23/2009

Tread Softly When Examining Tax Exemptions

And not just because the bees may sting. SeattlePI.com uses the honey bee tax exemption to highlight the governor's call to review all such incentives.

Almost all of these business tax breaks are scheduled to expire at some point in the future. Gregoire says considering the dire budget situation they should all be re-examined.

An objective review will demonstrate that many of the so-called exemptions are mainstream tax policies, common to most states. And, as this report makes clear, many of the incentives more than pay for themselves by stimulating new investment and job creation.

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