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Weekly Wonk: New reports show state’s racial, economic disparities | Big tax cuts could prevent investments | Corporate tax cuts popular with lawmakers, despite public sentiment

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...]

Big ticket tax cuts could prevent strategic investments in Oklahoma’s future (Capitol Update)

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. [More...]

New report spotlights imbalances among child well-being for Oklahoma’s children of color

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 — A new national report out Jan. 10 shows that child well-being outcomes for… Read more [More...]

New national study shows Oklahoma’s tax system worsens inequality, among the nation’s most unfair

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. [More...]

Lawmakers cut corporate income taxes while polls show corporations should pay their fair share

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.  [More...]

Weekly Wonk: Rule change threatens voter-approved reforms | Addressing deferred maintenance on Oklahoma’s higher ed campuses | Feeding hungry children in our communities

Rule change threatens voter-approved reforms | Addressing deferred maintenance on Oklahoma’s higher ed campuses | Feeding hungry children in our communities [More...]

Addressing deferred maintenance on Oklahoma’s higher ed campuses (Capitol Update)

Today’s deferred maintenance for higher education facilities exists largely because, with paltry legislative appropriations to higher education in recent years, only around 4 percent of the college and university budgets have been allocated for maintenance. As recently as 2016 to 2018, for example, higher education appropriations were cut by $250 million. [More...]

Weekly Wonk: 2023 in Review | Equalization board sets FY2025 budget estimate | Restoring the Oklahoma Standard | 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...]

Equalization board sets estimate for FY 2025 budget (Capitol Update)

The most important number is the amount certified for the general revenue fund from which most appropriations for agency operating budgets are appropriated. The board’s preliminary estimate for the general revenue fund is $8.7 billion for Fiscal Year 2025, which starts on July 1, 2024. [More...]

Weekly Wonk: One simple trick to help the economy | Revisiting single-family zoning | Media literacy | Capitol Update

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...]

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