Tag: HB 1285

Under the Microscope: Task Force begins work scrutinizing tax credits

The Oklahoma tax code is riddled with some 450 ‘tax expenditures’ that reduce state funds by exempting or giving back tax payments for favored groups and activities. Despite widespread rhetoric about the need for serious reform of  tax expenditures, eliminating… Read more [More...]

Can we stop the runaway train of tax expenditures?

In an earlier post, we discussed tax breaks that had been extended or newly created in the most recent legislative session. The governor promised to eliminate tax credits that “do not create jobs,” but there were no successful bills to… Read more [More...]