Tag: tax credits

Health care reform (4): Tax credits for small business

This is the fourth in an ongoing series of posts looking at the impact of the new federal health care reform law on Oklahoma and Oklahomans. Our previous posts have explored the “cliff effect” , the  impact on state budgets… Read more [More...]

The state budget crisis: Time to put leadership over politics

We are at a truly critical time for Oklahoma. The state faces its most severe budget crisis of the past quarter century, perhaps the most severe in its history. As revenues have fallen, successive rounds of budget cuts have created… Read more [More...]

Piling on the Sunshine: New measures would make more spending information publicly available

If, as Judge Louis Brandeis famously stated, “Sunshine is the best disinfectant”, the Oklahoma Legislature seems to be on a bit of a cleaning frenzy. Several bills making their way through the legislative process this session HB 3422, SB 1633… Read more [More...]

A first look at the Governor’s FY ’11 budget

In Monday’s State of the State address, Governor Henry laid out the broad parameters of his FY ’11 Executive budget. The Governor’s speech likened our current fiscal storm to the severe weather the state has faced recently and so often… Read more [More...]

Taking credit: Task Force explores use and misuse of transferable tax credits

Are tax breaks for businesses a legitimate tool of economic development, or a form of corporate welfare? The fact is they can be either. The challenge is telling the two apart and ensuring through clear legislative language and ongoing oversight… Read more [More...]

Time to cap the tax credit well?

OK Policy has released a new fact sheet looking at Oklahoma’s gross production taxes on oil and gas,which takes a special look at the tax exemptions offered for different forms of production. Over the past five years, producers have claimed… Read more [More...]

Shine the light

If you are thinking about doing most anything in Oklahoma that could possibly be seen as encouraging economic development, chances are you’re eligible for a tax credit. The state offers tax credits for everything from  investing in small business venture… Read more [More...]