By:
Dave Hamby
January 25, 2024 // Updated: January 25, 2024
Proposal
The governor has proposed an across-the-board .25-percent cut to the state’s personal income tax.
This proposal will be the focus on a legislative special session on Monday, Jan. 29.
How this impacts Oklahomans
The Institute on Taxation and Economic…
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By:
Dave Hamby
January 20, 2024 // Updated: January 20, 2024
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…
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By:
Steve Lewis
January 17, 2024 // Updated: January 17, 2024
Tribal leaders took offense at both the composition of the task force and the tenor of the governor’s executive order. Only two of the 38 federally recognized Tribes were to be represented on the 13-member task force. The executive order characterized McGirt as “continuing to wreak havoc in nearly half of the State of Oklahoma and calls for “recommendations relevant to the speedy resolution of the broken system created by the McGirt decision.” Tribal leaders do not view McGirt as having “wreaked havoc” or created a “broken system.”
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On Tuesday, the governor issued a call for a special session on Jan. 29, asking lawmakers to pass a .25-percent cut to the state’s personal income tax.
Statement from the Oklahoma Policy Institute:
Instead of grandstanding with yet another…
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By:
Kandis West
January 13, 2024 // Updated: January 13, 2024
Dr. King understood, then as it is now, that income inequality binds Americans into a cycle of poverty that often becomes generational. Poverty lowers life expectancy as well as educational attainment, which is a predictor of wealth for all races.
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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...]
By:
Steve Lewis
January 11, 2024 // Updated: January 11, 2024
Big ticket outcomes for the upcoming legislative session have yet to come into focus. Big ticket items could include passage of one or more of the various tax cut proposals being discussed or appropriations that affect budgets across state government.
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By:
Carly Putnam
January 10, 2024 // Updated: January 10, 2024
2024 Race for Results report identifies gaps in child well-being that persist across race and ethnicity, caused by policy choices, disinvestment in services for young people
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A new national report out Jan. 10 shows that child well-being outcomes for…
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Oklahoma’s tax system is upside-down, with everyday Oklahomans paying a far greater share of their income in taxes than wealthy residents. Proposals to eliminate the state’s income tax would widen this disparity, according to the latest edition of the Institute on Taxation and Economic Policy’s Who Pays?, the only distributional analysis of tax systems in all 50 states and the District of Columbia.
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By:
Emma Morris
January 8, 2024 // Updated: January 7, 2024
most Americans feeling that corporations should pay more in taxes, and most businesses prioritize public services that rely on that tax revenue; Oklahoma must maintain or increase its corporate tax revenue in coming years.
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