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How much new revenue will ending oil and gas tax breaks bring in?

As the budget debate has intensified in recent weeks, legislators and advocates have heard dramatically different estimates of how much additional revenue could be raised by ending or reducing the special tax rate for oil and gas production. Some have… Read more [More...]

The Weekly Wonk: Legislature votes to repeal tax cut trigger, All of the Above on revenue options, Oklahoma should expand OK Promise scholarships, and more

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk shares our most recent publications and other resources to help you stay informed about Oklahoma. Numbers of the Day and Policy Notes are from our daily news briefing, In… Read more [More...]

A test of leadership for Speaker McCall (Capitol Update)

Steve Lewis served as Speaker of the Oklahoma House of Representatives from 1989-1991. He currently practices law in Tulsa and represents clients at the Capitol. With only two weeks of session remaining (one week to pass revenue bills), legislators seem determined to… Read more [More...]

OCPA’s attack on OK Policy and ITEP doesn’t hold up

Last night, the Oklahoma Council on Public Affairs released a statement attacking the credibility and integrity of Oklahoma Policy Institute and the Institute on Taxation and Economic Policy (ITEP). They claim that a “Number of the Day” we cited from a… Read more [More...]

Itemized deduction proposal has flaws, but opponents’ claims are overstated

With only a couple of week lefts in the Legislative session, lawmakers are scrambling to put together a budget that avoids devastating cuts to Oklahoma communities. The latest revenue idea to emerge is to limit itemized deductions to $17,000 per tax return,… Read more [More...]

On revenue options, the right choice is “All of the Above”

With less than three weeks left in the legislative session, there is still no overall budget agreement. Facing a budget hole of close to $1 billion, a bipartisan consensus has emerged at the Capitol on the need for substantial new… Read more [More...]

In The Know: Proposed bill to raise gross production taxes pulled from budget talks

In The Know is your daily briefing on Oklahoma policy-related news. Inclusion of a story does not necessarily mean endorsement by the Oklahoma Policy Institute. Click here to subscribe to In The Know and see past editions. Check out OK… Read more [More...]

Common sense reforms needed to protect Oklahoma tenants

Preston Brasch was an OK Policy Spring intern. He is studying law at the University of Tulsa School of Law. Oklahoma faces a significant affordable housing shortage (see e.g. the 2016 Oklahoma Housing Needs Assessment and A Housing Strategy for… Read more [More...]

Statement: Repeal of tax cut is a milestone for Oklahoma

Oklahoma Policy Institute released a statement in response to the Legislature’s final passage of SB 170, a bill to repeal an automatic income tax cut trigger: The repeal of this tax cut is a milestone. After years of promises that… Read more [More...]

Bill to expand eligibility for Oklahoma’s Promise scholarships would be a win for all Oklahomans

The Oklahoma Legislature is close to passing a bill (SB 529) to make Oklahoma’s Promise scholarships available to more students. Available since 1996, these scholarships cover the cost of tuition for in-state students at an Oklahoma public college or university… Read more [More...]

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