Lawmakers voted down a corporate income tax cut this spring. Leadership should leave it out of the budget.
NOTE: Policy Fellow Josie Phillips contributed to this analysis Cutting the corporate income tax — which was proposed in the failed House Bill 4358 — overwhelmingly benefits wealthy and out-of-state corporations over everyday Oklahomans and locally owned businesses. The Senate Finance committee rejected the bill 6-3 in April, so legislative leadership should keep the provisions
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