Quote of the Day 2/25/2015

“The tobacco tax in Oklahoma was last raised in 2005. Our rate is the 37th in the nation, meaning 36 states have a higher tobacco tax rate. Since the last increase, sales have gone down by 30 percent, but tax collections have increased 330 percent per the Oklahoma Tax Commission. Basically, the increased cost outweighs the drop in sales, creating more tax revenue.”

-Rep. Doug Cox, R-Grove, arguing that Oklahoma should increase the tobacco tax and use the revenue to boost education funding (Source)