Oklahoma Policy Institute: Tax Proposals This Session Fail to Deliver Inflation Relief, Jeopardize State’s Long-term Fiscal Health
ITEP Work in ActionWith $10.8 billion in recurring revenue and at least $1.6 billion in one-time funds, the Oklahoma Legislature has significant fiscal decisions to make this session. Oklahoma leaders have repeatedly stated their intentions, including House Speaker Charles McCall who wants to provide “inflation relief” and Gov. Kevin Stitt who heralds a commitment to “fiscal discipline.” However, most of the legislative proposals made public so far do not meet either goal.