Tag: individual income tax

You’re doin’ fine, transportation

The past several years have put severe constraints on the state budget. State appropriations remain below their levels of four years ago.  Many state agencies have absorbed funding cuts of over 20 percent, and most have been forced to cut… Read more [More...]

Three reforms to modernize Oklahoma's income tax

At the first meeting of the legislature’s tax reform task force, both chairmen expressed support for making top-down cuts to Oklahoma’s income tax or eliminating it entirely. In a previous post, we explained why that’s a bad idea. In this… Read more [More...]

Cutting the top income tax rate: Who benefits?

[UPDATE: You can download ITEP’s analysis here.] Yesterday the Senate voted to abolish the state income tax after Sen. Tom Adelson (D-Tulsa) introduced the measure as an amendment to another bill. With public services heavily dependent on income tax and… Read more [More...]

New data, old story: Our Online Budget Guide on Oklahoma’s low tax levels

Last year we published OK Policy’s (and possibly the nation’s) first Online Budget Guide, a primer for Oklahoma state and local government finance. We were pretty excited about the online approach. It allowed us to save paper and printing and… Read more [More...]