According to the Institute on Taxation and Economic Policy, the tax breaks would equal out to $9 for those who make between $19,500 and $36,400. It would also give $30…
By Jeremy Bowman: Nearly every state in the union charges a sales tax, and the tax levied on goods and services sold at the retail level is just one of…
By Tim Tally Figures provided by the commission indicate that in 2008, the first year the sales tax holiday was in effect, shoppers saved $6.4 million in sales taxes on…
It’s tax day — the annual event when procrastinators, or those who just like to live on the edge, rush to get their tax returns filed before the midnight deadline.…
(Original Post) President Boren says constant reductions are harming higher education in the state. BY KIM ARCHER World Staff Writer | 0 comments University of Oklahoma President David Boren is…
The average Oklahoman would get just $29 from Governor Mary Fallin’s proposed income tax cut, while one-quarter of the total benefit would go to the wealthiest 1 percent of households,…
(Original Post) The plan to reduce Oklahoma’s income tax from 5.25 percent to 5.00 beginning in 2015 is a done deal. We know it means losing $200 million from state…
An income tax cut deal has been reached between Governor Fallin and Legislative leadership. The proposal is moving through the Legislature as HB 2032. This fact sheet explains what’s in…
(Original Post) Posted: 04/13/2013 By: Max Resnik TULSA – According to the non-partisan, non-profit Institute on Taxation and Economic Policy, the proposed income tax cut currently being discussed by Oklahoma…
The Governor’s assertion that extending Medicaid is unaffordable to Oklahoma is unconvincing in at least two respects. First, the study on which she bases her cost estimates makes clear that…
In her State of the State address, Governor Fallin unveiled yet another proposal to cut Oklahoma’s income tax. Her plan is drastically scaled back from last year’s proposal, which attempted…
BY WAYNE GREENE World Senior Writer Sunday, February 03, 2013 2/3/2013 6:10:41 AM In the debate over state personal income tax rates this year, look for Gov. Mary Fallin to…
(Original Post) By Catherine Roberts Two new reports are out this week about Oklahomans and their money: one (read it here) is about how many people save their money…
Tax cuts enacted between 2004 and 2006 will reduce Oklahoma’s revenues by more than $800 million when fully phased-in. Among the many tax cuts, the two largest involved cutting the…
The family budgets of low- and moderate-income Oklahomans are under increasing strain from the rapidly rising costs of such essentials as food, fuel and utilities. Food costs rose 5.9 percent…
(PDF of the Original Post) by: SHANNON MUCHMORE World Staff Writer Thursday, November 19, 2009 11/19/2009 5:01:04 AM The poorest 20 percent of Oklahomans pay the most in state and…
(PDF of the Original Post) The Oklahoman Editorial Published: November 22, 2009 NO further tax cuts are in the offing for the foreseeable future, so Oklahoma’s tendency to tax lower-income…
(PDF of the Original Post) Thursday, March 10, 2011 Another Oklahoma income tax cut is expected to come into effect Jan. 1, 2012, despite evidence that strongly suggests the tax…
(PDF of the Original Post) by: RANDY KREHBIEL World Staff Writer Monday, March 14, 2011 3/14/2011 5:35:07 AM Eighty percent of Oklahoma households would see little or no direct benefit…
(PDF of the Original Post) by David | March 17th, 2011 A recent OK Policy fact sheet that analyzed the distribution of benefits from cutting the state’s top personal income…
(PDF of the Original Post) By Kurt Hochenauer Oklahoma college students should expect another increase in tuition costs this fall, in part, because the state Legislature will probably not stop…
(2011-12-07) OKLAHOMA CITY, OK (kwgs) – A comprehensive new study finds that many consistently profitable companies are paying little to no corporate income taxes on those profits. Out of 265…
By JULIE DELCOUR Associate Editor Published: 12/11/2011 2:26 AM Last Modified: 12/11/2011 2:59 AM Oklahoma and every state that struggled mightily through recent recessionary times, might have had a far…
Original Post McClatchy News Editorial December 29, 2011 — The Task Force on State Tax Credits and Economic Incentives wants a one-year moratorium on all tax credits in Oklahoma while…
“On the last Friday of 2011, the legislature’s tax reform task force released its proposals for changing Oklahoma’s tax system. The most significant recommendation was to cut the top income…
