Oklahoma income tax hits rich and poor alike (The Oklahoman)

DID you know that 0.25 percent of $1 million yields more than 0.25 percent of $30,000? Did you know that people who don’t owe state income tax don’t get any direct benefit from a cut to a tax rate they… Read more [More...]

Cutting taxes and slashing education: A recipe for disaster (The Norman Transcript)

Editor I hope you saw the front-page headline in The Transcript last week, “School funding down.” And now, we learn that our Republican governor wants another income tax cut. If you think this frightening combination moves the state forward, you… Read more [More...]

Fallin renews call for income tax cut (Woodward News)

Gov. Mary Fallin laid out her vision for the state of Oklahoma Monday by giving her 2014 State of the State address to the state Legislature. The governor called for using bond money to repair the state Capitol, cutting taxes,… Read more [More...]

Gov. Fallin proposes tax cut, bond programs during Legislative address (The Norman Transcript)

By James Coburn Gov. Mary Fallin laid out her vision for the state of Oklahoma Monday by giving her 2014 State of the State address to the state Legislature. The governor called for using bond money to repair the state… Read more [More...]

Most Oklahoma agencies to take 5 percent cut to make up budget shortfall (KGOU)

By Kurt Gwartney Five percent. That’s how much the governor is asking most entities in state government to cut their budgets. The number should not be much of a surprise. The amount of money available for state lawmakers to spend… Read more [More...]

A Detailed Preview of the Oklahoma Legislature’s Upcoming Session with Noted Analyst David Blatt (Public Radio Tulsa)

You can click through to the original article to hear Public Radio Tulsa’s interview with David Blatt about the 2014 Oklahoma legislative session.  By Rich Fisher The Oklahoma Legislature will convene for this year’s session on Monday, February 3rd, at… Read more [More...]

Lawmaker could fix his state’s budget shortfall twice with the tax breaks he wants to give big oil (Think Progress)

By Rebecca Leber Oklahoma House Speaker T.W. Shannon (R) is expected to announce his candidacy this week to replace Senator Tom Coburn (R), making him the newest entrant in the race against oil industry-favorite Rep. James Lankford. Shannon is working… Read more [More...]

Oil and gas tax breaks leaving millions on the table in Oklahoma (Public Radio Tulsa)

By Matt Trotter It’s not looking good for Oklahoma’s budget. State leaders expect a $170 million shortfall. This year’s budget was just half a percent larger than five years ago, without adjusting for inflation. And projections estimate a deficit of… Read more [More...]

Oklahoma governor to propose income tax cut (NewsOK)

By Sean Murphy, Associated Press Republican Gov. Mary Fallin will propose a “responsible, measured” income tax cut during next month’s State of the State speech, despite a projected $170 million shortfall in the budget for the next fiscal year, a… Read more [More...]

Republicans debate OK horizontal oil and gas drilling incentives (Oklahoma Watchdog)

By Patrick B. McGuigan Advocates of Oklahoma energy want to retain an oil and gas incentive enacted this past decade to boost drilling and production. Gov. Mary Fallin’s key fiscal adviser, however, called leaving the levy at levels reached under… Read more [More...]