Category: Media

Report: Oklahoma ranked 6th in the nation for safeguards on tax breaks

Contact:Michelle Lee 202-232-1616 x 210 or mlee@goodjobsfirst.orgGene Perry 918-794-3944 or gperry@okpolicy.org December 14, 2011–States are spending billions of dollars per year on corporate tax credits, cash grants and other economic development subsidies that often require little if any job creation… Read more [More...]

Fair share? Corporations in ‘race to the bottom’ in taxes owed (Tulsa World)

Original at http://www.tulsaworld.com/opinion/article.aspx?subjectid=214&articleid=20111211_214_G1_CUTLIN655628 By JULIE DELCOUR Associate Editor Oklahoma and every state that struggled mightily through recent recessionary times, might have had a far easier time had major corporations paid their fair share of state income taxes. But they did… Read more [More...]

New report shows tax avoidance by 265 major, profitable U.S. corporations costs states $42 billion over three years

Contact:Anne Singer, 202-299-1066, ext. 27, anne@ctj.orgDavid Blatt, (918) 794-3944, dblatt@okpolicy.org A comprehensive new study finds that many consistently profitable companies are paying little to no corporate income taxes on those profits. Out of 265 Fortune 500 companies examined, 68 managed… Read more [More...]

In Oklahoma tax cut debate, something’s gotta give (Oklahoman)

Original at http://newsok.com/in-oklahoma-tax-cut-debate-somethings-gotta-give/article/3624420 The Oklahoman Editorial Board  IRRESISTIBLE force: Elimination of the state personal income tax. Immovable objects: Too many to list. That the elimination movement is a force to be reckoned with is obvious. A Republican-controlled state government is… Read more [More...]

OK Policy Forecasts Show Continued Tough Budget Times Ahead

Contact: David Blatt, Director Office: (918) 794-3944; Cell: (918) 859-8747   OK Policy Forecasts Show Continued Tough Budget Times Ahead; “Incomplete Recovery” Calls for Fresh Perspectives and New Strategies   (Tulsa, November 21, 2011): New budget forecasts prepared by Oklahoma Policy Institute… Read more [More...]

Oklahoma Policy Institute: State not on path to create own health exchange (eCapitol)

by Justin Martino, eCapitol (eCap) According to David Blatt, director of the Oklahoma Policy Institute, Oklahoma is not on the path to show sufficient adequate progress in creating a state insurance exchange by January 2013. On a list of core… Read more [More...]

New Report Finds State Costs Under Health Care Reform Are Likely to be Modest

Contact: David Blatt, Director Office: (918) 794-3944; Cell: (918) 859-8747 Projections that the new federal health care law will impose billions of dollars of additional cost on the state budget are way out of line with other studies and based… Read more [More...]

STATEMENT: Governor’s plan to fix bridges demonstrates need to preserve income tax

Oklahoma Policy Institute released the following statement in response to Governor Fallin’s announcement of her plan for repairing Oklahoma bridges: We welcome Governor Fallin’s focus on fixing Oklahoma’s crumbling bridges. However, we must note that her proposal would be paid… Read more [More...]

Income tax proposal would do lasting damage to state’s prosperity

Contact: David Blatt, dblatt@okpolicy.org, (918) 859-8747 Oklahoma Policy Institute finds that task force’s income tax proposal would do lasting damage to state’s prosperity  A new report on economic development prepared for Governor Fallin includes some worthwhile ideas, but its suggestions… Read more [More...]

OK Policy director paints grim picture for Chamber (Claremore Progress)

Original at http://claremoreprogress.com/local/x1126802467/OK-Policy-director-paints-grim-picture-for-Chamber by Tom Fink, Claremore Progress CLAREMORE – Oklahoma Policy Institute Director David Blatt used figures and charts to draw a somber picture of the state’s budgetary situation  to members of the Claremore Chamber of Commerce last week.… Read more [More...]