By:
Paul Shinn
May 4, 2009 // Updated: October 17, 2012
As the Oklahoma Legislature winds down the 2009 session, there is still talk of tax relief–a lower top income tax rate, exemptions for oil and gas drilling, and limits on property tax growth–in spite of a budget shortfall of $600…
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By:
David Blatt
April 14, 2009 // Updated: October 17, 2012
As the economic downturn worsens, Oklahoma’s budget has begun to resemble a boxer up against the ropes. The news from the March revenue report released today by the Office of State Finance just dealt another blow. General Revenue (GR) collections…
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The AP reported Thursday that Oklahoma’s budget shortfall could potentially take another $65 million hit as a result of tax provisions that were included as part of the federal stimulus bill passed by Congress in February. The stimulus bill, or…
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