OKPOLICY.ORG
The tax cut we passed we delayed it a year. I am confident if we had not done that we would have seen an increase in revenue.
-House Speaker T.W. Shannon, on reports that Oklahoma may face a budget shortfall this year (Source: http://bit.ly/1aa0NDa). Income tax cuts went into effect in Oklahoma in 2005, 2007, 2008, 2009, and 2012; this year’s real appropriations budget remains below what it was in FY 2006.
