Tag: income tax

Cutting the income tax is the wrong priority for Oklahoma

While some state leaders continue to discuss making top-down cuts to the income tax or eliminating it entirely, a new OK Policy issue brief shows why that policy is ill-advised. Before the economic downturn, the income tax brought in more… Read more [More...]

The Weekly Wonk – October 28, 2011

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk is dedicated to this week’s events, publications, and blog posts. This week OK Policy released a paper showing that state costs under the new federal health care law are… Read more [More...]

It's not the personal income tax

Why do some companies choose to locate their businesses  in Texas rather than Oklahoma? During the first two meetings of the Task Force on Comprehensive Tax Reform, co-chair Representative David Dank has stated repeatedly that the absence of the personal… Read more [More...]

[The Weekly Wonk] October 14, 2011

What’s up this week at Oklahoma Policy Institute? The Weekly Wonk is dedicated to this week’s events, publications, and blog posts. This week at OK Policy, we interviewed Steven Dow about recent controversy at the Oklahoma Commission for Human Services. … Read more [More...]

Good times don't last forever

Last week, Gov. Fallin announced a plan to fix the state’s decaying bridges by 2019. The proposal involves putting more money in the ROADS fund, which receives a portion of income tax revenues that would otherwise go to the state’s… Read more [More...]

Easier to shop in Kansas than move to Texas: Why replacing income tax with consumption tax is bad for Oklahoma's economy

Many state political and business leaders are clamoring to do away with Oklahoma’s personal income tax, the state’s single largest revenue source, while acknowledging the need to maintain sufficient tax revenue to fund basic services. One influential participant in the… Read more [More...]

Guest Blog (Peter Fisher): Everyone pays taxes

Peter Fisher is research director for the Iowa Policy Project, a nonprofit, nonpartisan organization founded in 2001 to produce research and analysis to engage Iowans in state policy decisions. This post first appeared on their Policy Points blog and is… Read more [More...]

Why Oklahoma needs an income tax

With the Governor and legislative leaders talking about doing away with Oklahoma’s state income tax, it’s worth taking a look at how the tax affects Oklahomans and why it is important. In an OK Policy fact sheet released today, we… Read more [More...]

New report shows tax flight is a myth

Gov. Fallin and other state leaders have set a long-term goal to eliminate Oklahoma’s income tax. One reason frequently offered by opponents of the income tax is that it will encourage people and businesses to move to Oklahoma from other… Read more [More...]

Summer Rerun: Back to Texas? Income tax proposal stirs up some old memories

Recently, Governor Mary Fallin made headlines for saying that while she has no immediate plans to propose more income tax cuts, her long-term goal is to do away with the income tax while finding a way to “restructure the state’s… Read more [More...]