Income Tax Cuts Have Dampened Oklahoma Revenues by $400-$600 Million; Top Rate Cut Primarily Benefits Wealthy

(Oklahoma City, Sept. 2, 2008) – Cuts in recent years to the individual income tax have decreased state revenues by several hundred million dollars, with most of the benefits going to the highest-income Oklahomans. These findings are contained in a… Read more [More...]

Census Report Shows Progress on Poverty and Income, But Many Oklahomans “Left Off the Boat” of Prosperity

(Oklahoma City, August 26, 2008): Even while Oklahoma’s overall economy continued to prosper, 557,000 Oklahomans, or 15.9%, lived in poverty in 2007, according to newly-released figures from the U.S. Census Bureau’s American Community Survey. This is a decline from the… Read more [More...]