“During the last boom, we undercut the state’s most important general tax, the personal income tax, under the false premise that a series of tiny cuts there would lead to prosperity. It didn’t, and in the following bust, we had no petroleum revenue and insufficient income tax revenue to do the things the government is supposed to do. We all remember what followed.”
Quote of the Day | June 14, 2019
ABOUT THE AUTHOR

Gene Perry worked for OK Policy from 2011 to 2019. He is a native Oklahoman and a citizen of the Cherokee Nation. He graduated from the University of Oklahoma with a B.A. in history and an M.A. in journalism.