Oklahoma Policy Institute: The Needs of Everyday Oklahomans Outweigh Tax Cuts that Benefit the Wealthy
ITEP Work in ActionAs Oklahoma’s 2023 legislative session begins, the perennial push for tax cuts that would shrink state revenue will likely return. In 2022, leaders of the Oklahoma House of Representatives championed tax cuts – primarily focusing on reducing the personal income tax, the corporate income tax, and the sales tax on groceries. Ultimately, the legislative session ended without any major tax cuts, but many of these proposals may be back this session, despite impending economic uncertainties both in Oklahoma and around the nation.