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Legislature Looking At Tax Breaks

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Government leaders estimate the state loses about two billion dollars in tax collections though different exemptions, deductions and credits. Government leaders estimate the state loses about two billion dollars in tax collections though different exemptions, deductions and credits.

Oklahoma lawmakers have granted hundreds of tax exemptions, credits and deductions to stimulate the economy over the years.  But, many are still on the books.  Now, the legislature is looking at those tax breaks to see if they've out-lived their usefulness.

Government leaders estimate the state loses about two billion dollars in tax collections though different exemptions, deductions and credits.

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