Recent Articles

STATEMENT: Budget leaves Oklahoma further behind

Oklahoma Policy Institute released the following statement in response to the state budget deal announced today: According to today’s budget agreement, appropriations for core services remain flat even though expenses continue to rise. That means we will fall further behind… Read more [More...]

Flawed trigger proposal language could create serious unintended problems

In addition to an immediate cut in the top income tax rate from 5.25 to 4.8 percent,  the tax plan agreed to last week by Governor Fallin and legislative leaders includes an automatic future tax cut tied tied to revenue… Read more [More...]

Tax cut proposal Q & A

NOTE: This post has been updated as new information becomes available Yesterday, the Governor and legislative leaders announced agreement on a ‘joint proposal for income tax reduction and tax code simplification’. (Click here for a summary and here for HB… Read more [More...]

Claims for Oklahoma tax cut not OK

This post was written by Nick Johnson, Vice President for State Fiscal Policy with the Center on Budget and Policy Priorities. This originally appeared on the Center’s Off the Charts blog and is reposted with permission. Yesterday’s Wall Street Journal… Read more [More...]

Business leaders urge rejection of tax triggers

As reported in CapitolBeatOK, a group of 30 prominent business executives, civic leaders and philanthropists recently sent an open letter to the Governor, Speaker and Senate Pro Tem urging them not to adopt a trigger mechanism that would lead to… Read more [More...]

New poll shows Oklahomans oppose income tax cut proposals

A poll released today by the Oklahoma Advocacy Project reveals strong opposition among Oklahomans to proposals for reducing and eliminating the state income tax. The poll finds that large majorities oppose a tax cut if it means less funding for… Read more [More...]

(Oklahoma Economic Report) Natural Gas: Beneath the surface

This article appeared in the April 2012 edition of the Oklahoma Economic Report, a publication of the Office of State Treasurer Ken Miller. It is reprinted here in its entirety with permission. It seems that each day brings another story… Read more [More...]

The sure path to economic prosperity

What is the best course for strengthening Oklahoma’s economy and providing broad-based benefits for Oklahoma families? Proponents of cutting or eliminating the state’s personal income tax claim that doing so will boost the state’s economy. However, as University of Oklahoma… Read more [More...]

Tax cuts of the mid-2000’s did not spark revenue growth

[NOTE: This post has been corrected to fix an error in the units used when describing the price of oil.] Despite frequent claims by proponents of cutting or eliminating Oklahoma’s personal income tax , it is a myth that tax… Read more [More...]

Guest Blog (Steve Ellis): Evidence and Ideology: Beyond ECON 101

Stephen Ellis, Ph.D., is Associate Professor in the Department of Philosophy at the University of Oklahoma. His research areas include philosophy of economics, decision theory, philosophy of mind and ethics. The debate about the degree to which economics supports drastic… Read more [More...]