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Lawmakers struggle to axe $5 billion in tax breaks and loopholes
Six years ago, lawmakers got really worried about the voracious and ever-growing infestation of business tax credits and exemptions embedded deep in the bowels of Connecticut's tax system. They knew hundreds of millions of dollars in state revenue were being sucked away, but had no idea who was getting these tax breaks or what purpose they served.
By Gregory B. Hladky
January 3, 2012