By Alex Cameron
The Oklahoma Tax Commission’s most recent report is out detailing all the tax exemptions, deductions and credits that are given out each year to businesses, individuals, organizations and causes.
The report holds 90 pages of tax breaks,… Read more [More...]
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...]
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...]
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...]
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...]
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...]
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...]
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...]
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...]
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...]