The Oklahoman: Plan to raise Oklahoma’s sales tax has supporters, detractors
media mention“Some critics of raising the sales tax say it hits low-income families the hardest while others argue the debate should not be framed as low versus high-income residents.
“Low income families have to spend most or all of what they earn to make ends meet and what they are spending is subject to sales tax,” said Carl Davis, a research director with the Institute on Taxation and Economic Policy.
“What we have seen in Oklahoma over the last decade is a noticeable shift from a progressive income tax system to a heavier reliance on sales tax, which is more regressive,” Davis said.”
Some critics of raising the sales tax say it hits low-income families the hardest while others argue the debate should not be framed as low versus high-income residents.
“Low income families have to spend most or all of what they earn to make ends meet and what they are spending is subject to sales tax,” said Carl Davis, a research director with the Institute on Taxation and Economic Policy.
“What we have seen in Oklahoma over the last decade is a noticeable shift from a progressive income tax system to a heavier reliance on sales tax, which is more regressive,” Davis said.Some critics of raising the sales tax say it hits low-income families the hardest while others argue the debate should not be framed as low versus high-income residents.
“Low income families have to spend most or all of what they earn to make ends meet and what they are spending is subject to sales tax,” said Carl Davis, a research director with the Institute on Taxation and Economic Policy.
“What we have seen in Oklahoma over the last decade is a noticeable shift from a progressive income tax system to a heavier reliance on sales tax, which is more regressive,” Davis said.