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Save the Date: Our 2019 State Budget Summit is January 24, 2019. Tickets will go on sale Monday, December 10th. 

Budget & Taxes

Featured Report
May 17th, 2018

[Download this report as a PDF.] The FY 2019 budget increases funding significantly from recent years. State agencies will be appropriated a total of $7.567 billion in FY 2019. This is an increase of $718.5 million (10.5 percent) compared to the initial FY 2018 budget approved last May, and an increase of $601 million (8.6 percent) compared to the final  Continue Reading »

Recent Articles & Reports
October 23rd, 2018

As online commerce has grown into an ever-increasing share of the U.S. economy, Oklahoma and other states have struggled with the problem of lost tax revenue from untaxed sales. A major Supreme Court ruling this past June, combined with actions by the Oklahoma Legislature and major online retailers, will largely address the problem and generate a substantial boost in tax  Continue Reading »

October 17th, 2018

While Oklahoma has a reputation as a low tax state, poor and middle-income Oklahomans are actually paying a greater share of their income in taxes than the national average, while the richest 5 percent of households — with annual incomes of $194,500 or more — pay less. That’s why Oklahoma ranks among the ten worst states for tax inequality in  Continue Reading »

October 8th, 2018

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. Those who rely on state funding to provide services to Oklahomans heard more good news this week from State Treasurer Ken Miller. Monthly numbers for September revenue show an increase of $141.4 million over September 2017 revenue.  Continue Reading »